This episode of Prof G Markets, hosted by Ed Elson, covers recent market activities and economic news. The podcast analyzes Trump's announced U.S.-Japan trade deal, questioning its validity and comparing it to past unfulfilled investment promises. Featuring insights from Scott Galloway, the discussion extends to the declining U.S. automobile industry and the impact of tariffs. The episode also addresses the rising U.S. home prices and housing affordability issues, with commentary from Jake Krimmel of realtor.com. Finally, the podcast analyzes Google's second-quarter earnings, with commentary from Scott Devitt, discussing revenue growth, AI investments, and market valuation, maintaining a long position on Google stock.
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