Prof G Markets

The 35% Recession Warning Markets Are Ignoring — ft. Ed Yardeni

20 Mar 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Ed Yardeni to discuss why he recently raised the odds of a recession this year. He also weighs in on the ris...

Your Bills Are About to Go Up — The Fed Can’t Stop It

19 Mar 2026

Contributed by Lukas

Description:  Ed Elson speaks with Michael Gapen and Robert Armstrong about the Federal Reserve’s interest rate decision and what to expect from i...

Nvidia Says $1T Is Coming — The Market Isn’t Buying It

18 Mar 2026

Contributed by Lukas

Ed Elson speaks with Gil Luria about the biggest news out of Nvidia’s GTC conference and checks in on the company’s valuation. Then, he is joined ...

Why the Pentagon Is Hiring Wall Street Bankers

17 Mar 2026

Contributed by Lukas

Ed Elson speaks with Liz Hoffman about the Defense Department’s new economic defense unit. Then he is joined by Miriam Gottfried to discuss the $10 ...

War With Iran Is Rewriting Global Markets

16 Mar 2026

Contributed by Lukas

Live from SXSW, Scott Galloway and Ed Elson break down how the war with Iran is reshaping investment strategies and what it signals for global capital...

You Think You're Diversified, AI Disagrees — ft. Torsten Slok

13 Mar 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Torsten Slok to break down what he makes of the conflict with Iran and how it could impact the global econom...

What $4 Gas Would Do to the Economy

12 Mar 2026

Contributed by Lukas

Ed Elson speaks with Mark Zandi about the February inflation report and how the Iran war will impact prices going forward. Then he discusses what Orac...

Pricing the Iran War's Future — Are Markets Right?

11 Mar 2026

Contributed by Lukas

Ed Elson is joined by Katie Martin and Justin Wolfers to break down how the war with Iran is moving markets, what signals the bond market is sending, ...

The Iran War’s Oil Shock — How Bad Could It Get?

10 Mar 2026

Contributed by Lukas

Ed Elson speaks with Semafor’s Mohammed Sergie about the wild price swings in the oil market, and what they tell us about the war in Iran. Then he d...

The Iran War Risk Markets Are Ignoring

09 Mar 2026

Contributed by Lukas

Scott Galloway and Ed Elson break down what markets are signaling about the war with Iran, and whether they think investors are getting it wrong. Ed a...

Is Private Credit The Next 2008? — ft. Steve Eisman

06 Mar 2026

Contributed by Lukas

Scott Galloway and Ed Elson are joined by Steve Eisman to discuss what he thinks are the two biggest long term risks to the market. He also explains w...

$500M Bet On The Iran Strike — Before It Happened

05 Mar 2026

Contributed by Lukas

Ed Elson speaks with Jonathan Cohen about the massive wagers in prediction markets on the war with Iran. Then he discusses Anduril’s funding round a...

Why The Iran War Could Reignite Inflation

04 Mar 2026

Contributed by Lukas

Ed Elson is joined by Mark Zandi, Robert Armstrong, and Matthew Martin to break down how the war with Iran is moving markets, unpack the tail risks in...

War With Iran: Why Oil Didn’t Spike As Expected

03 Mar 2026

Contributed by Lukas

Ed Elson breaks down how the war with Iran is impacting oil and energy with Matt Smith. Then he discusses OpenAI’s latest funding round and the esca...

What the AI Scare Gets Wrong

02 Mar 2026

Contributed by Lukas

Scott Galloway and Ed Elson unpack the Citrini Research piece that took down markets last week, and reveal where they see opportunity. Then they discu...

Prediction Markets vs. Gambling: Where’s the Line? — ft. Tarek Mansour

27 Feb 2026

Contributed by Lukas

Scott Galloway and Ed Elson are joined by Tarek Mansour to break down why prediction markets are surging in popularity, and whether they’re really a...

Nvidia’s Blowout Can’t Calm AI Anxiety

26 Feb 2026

Contributed by Lukas

Ed Elson breaks down Nvidia and Salesforce earnings with Gil Luria. They examine what the two contrasting reports reveal about the market’s anxiety ...

Why a Doomsday AI Blog Wiped Out $300 Billion

25 Feb 2026

Contributed by Lukas

Ed Elson breaks down why a new Substack post from Citrini Research sent software stocks into freefall with Josh Brown. They also discuss the rise of H...

Billions in Tariff Refunds — Who Gets the Money?

24 Feb 2026

Contributed by Lukas

Ed Elson breaks down Trump's new tariffs and unpacks where the refunds stand following the Supreme Court’s decision last week with Peter Harrell and...

Why Big Tech Is Losing to Boring Stocks

23 Feb 2026

Contributed by Lukas

Scott Galloway and Ed Elson unpack why boring stocks are winning this year and debate whether they’re truly as recession-proof as investors believe....

Supreme Court Strikes Down Trump’s Tariffs

20 Feb 2026

Contributed by Lukas

In this emergency episode Scott Galloway and Ed Elson break down the Supreme Court’s ruling against Trump’s tariffs, how markets reacted, and what...

Markets are Ignoring Catastrophic Risks — ft. Aswath Damodaran

20 Feb 2026

Contributed by Lukas

Scott Galloway and Ed Elson are joined by Professor Aswath Damodaran. They discuss the unraveling global order, unpack the “catastrophic risks” th...

China’s AI Is 20x Cheaper — And Catching Up

19 Feb 2026

Contributed by Lukas

Ed Elson breaks down the latest AI launches from Chinese companies with Alice Han, co-host of the China Decode podcast. Then, he discusses why Sweden ...

Netflix Dares Paramount to Bid Higher

18 Feb 2026

Contributed by Lukas

Ed Elson breaks down why Warner Bros. Discovery has invited Paramount back to the table with Rohan Goswami, Business Reporter at Semafor. Then, Ed is ...

Inflation Is About to Get Worse

17 Feb 2026

Contributed by Lukas

Ed Elson breaks down why the January inflation data is not what it seems with Mark Zandi, Chief Economist at Moody’s Analytics. Then, Ed is joined b...

The World Is In a Doom Loop — ft. Eswar Prasad

13 Feb 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Eswar Prasad, Professor of trade policy and economics at Cornell University, former chief of the Financial S...

The Jobs Report Is Worse Than It Looks

12 Feb 2026

Contributed by Lukas

Ed Elson breaks down the January jobs report with Kathryn Anne Edwards, Labor Economist and host of The Optimist Economy podcast. They discuss why 202...

Google Goes All-In on the AI Arms Race

11 Feb 2026

Contributed by Lukas

Ed Elson discusses Google’s massive bond sale with Gil Luria, Head of Technology Research at D.A. Davidson. They also break down why D.A. Davidson u...

Why Markets Can’t Price AI

10 Feb 2026

Contributed by Lukas

Ed Elson breaks down the software sell-off and Amazon’s earnings with Robert Armstrong, US financial commentator for the Financial Times. Then, he d...

Did Anthropic Just Kill Software?

09 Feb 2026

Contributed by Lukas

Scott Galloway and Ed Elson unpack last week’s software sell-off, including which names could be potential buys. They then turn to the world of ente...

The American Affordability Crisis — ft. Neera Tanden

06 Feb 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Neera Tanden, president and CEO of the Center for American Progress, to unpack affordability in America unde...

Google Doubles Down on Spending as AI Fear Returns

05 Feb 2026

Contributed by Lukas

Ed Elson breaks down Google’s earnings with Scott Devitt, Managing Director of Equity Research at Wedbush Securities. They discuss the implications ...

SpaceX’s $1.25 Trillion AI Bet

04 Feb 2026

Contributed by Lukas

Ed Elson breaks down why SpaceX acquired xAI with Edward Ludlow, co-host of Bloomberg Technology on Bloomberg Television. Then, he unpacks why Oracle’...

Why Markets Aren’t Scared of Kevin Warsh

03 Feb 2026

Contributed by Lukas

Ed Elson speaks with Mark Zandi, Chief Economist at Moody’s Analytics, about Trump’s pick of Kevin Warsh for chair of the Federal Reserve. Then, h...

Big Tech’s AI Vibe Shift

02 Feb 2026

Contributed by Lukas

Scott Galloway and Ed Elson break down earnings from Microsoft, Meta, Tesla, and Apple. They also weigh in on Trump’s pick of Kevin Warsh for chair ...

Something Has Broken In The U.S. — ft. Katie Martin

30 Jan 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Katie Martin, markets columnist and editorial board member at the Financial Times, to break down how investo...

Fed Holds Rates — Inflation Back in Focus

29 Jan 2026

Contributed by Lukas

Ed Elson speaks with Michael Gapen, Chief U.S. Economist at Morgan Stanley, about the Fed’s path forward and the dollar’s decline. Then Ed breaks ...

EU Strikes Deal With India in Shift From U.S.

28 Jan 2026

Contributed by Lukas

Ed Elson speaks with Liz Hoffman, Business and Finance Editor at Semafor, about the implications of the free trade deal between India and the EU. Then...

Gold Hits $5K — What’s the Market Afraid Of?

27 Jan 2026

Contributed by Lukas

Ed Elson speaks with Robert Armstrong, author of the Unhedged Newsletter, about how the markets reacted to Trump’s Greenland TACO, why gold hit a ne...

Davos Dispatch: World Order on Edge

26 Jan 2026

Contributed by Lukas

Scott Galloway and Ed Elson break down the key takeaways from Davos, with Scott sharing what it was like on the ground. Ed highlights the speeches tha...

David Solomon on AI, Debt, and America’s Future

23 Jan 2026

Contributed by Lukas

Ed Elson and Scott Galloway are joined by David Solomon, Goldman Sachs’ chairman of the Board of Directors and chief executive officer, to discuss t...

Greenland Tariffs Are Off — Is There a Deal?

22 Jan 2026

Contributed by Lukas

Ed Elson sits down with China Decode host and economist Alice Han to break down China’s plunging birth rate and why it poses a serious challenge for...

Wall Street Sinks on Greenland Risk

21 Jan 2026

Contributed by Lukas

Ed Elson speaks with Justin Wolfers, professor of public policy and economics at the University of Michigan, about how U.S. markets reacted to Preside...

Europe Braces for Trump’s Greenland Tariffs

20 Jan 2026

Contributed by Lukas

Ed Elson speaks with Robert Armstrong, U.S. financial commentator for the Financial Times and author of the Unhedged newsletter, about President Trump...

Why Trump’s War Week Didn’t Break Markets

19 Jan 2026

Contributed by Lukas

Scott Galloway and Ed Elson unpack President Trump’s investigation into Jerome Powell, with Scott explaining why he believes the goal is to sideline...

Your Brain is the Worst Investor in the Room — ft. Scott Nations

16 Jan 2026

Contributed by Lukas

Ed Elson is joined by Scott Nations, President of Nations Indexes and author of “The Anxious Investor”, to break down why human psychology often l...

Why Big Banks Are Selling-Off

15 Jan 2026

Contributed by Lukas

Ed Elson sits down with Saul Martinez, Head of U.S. Financials Research at HSBC, to unpack bank earnings and the implications of a credit card interes...

Trump’s 25% Iran Tariffs Explained

14 Jan 2026

Contributed by Lukas

Ed Elson speaks with Maurice Obstfeld, senior fellow at the Peterson Institute for International Economics, about the economic situation in Iran and w...

The DOJ Comes for Jerome Powell

13 Jan 2026

Contributed by Lukas

Ed Elson breaks down the Justice Department’s investigation of Fed Chair Jerome Powell with Liz Hoffman, Semafor’s business and finance editor, an...

Is Imperialism Good for Your Portfolio?

12 Jan 2026

Contributed by Lukas

Robert Armstrong, U.S. financial commentator for the Financial Times, fills in for Scott. He and Ed break down Trump’s “Donroe Doctrine,” what i...

Why the AI Bubble Hasn’t Popped — ft. Josh Brown

09 Jan 2026

Contributed by Lukas

Ed Elson is joined by Josh Brown, co-founder and CEO of Ritholtz, to unpack his biggest takeaways from markets in 2025 and what he expects in the year...

Why Trump Wants Greenland

08 Jan 2026

Contributed by Lukas

Ed Elson speaks with Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies, abou...

Can a GLP-1 Pill Revive Novo Nordisk?

07 Jan 2026

Contributed by Lukas

Ed Elson speaks with Alex Heath, host of the ACCESS Podcast, about why Nvidia is dominating the news out of the CES conference. Then Jared Holz, Healt...

What Venezuela’s Regime Change Means for Oil

06 Jan 2026

Contributed by Lukas

Ed Elson checks in with Mark Zandi, Chief Economist at Moody’s Analytics, on his outlook for 2026 to start the year. Then Rapidan Energy Group found...

Scott Galloway’s Predictions for 2026

05 Jan 2026

Contributed by Lukas

Scott shares his predictions for the year ahead, including his picks for the tech of the year and stock of 2026. He also forecasts what’s in store f...

Ask Me Anything — Figma, Dirty Jokes, Running for Office & More

22 Dec 2025

Contributed by Lukas

Scott Galloway, Ed Elson and Claire Miller answer listener questions about everything from Scott’s investment in a professional soccer team, Ed’s ...

The Biggest Disruption Is Yet to Come — ft. Justin Wolfers

19 Dec 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Justin Wolfers, Professor of Public Policy and Economics at the University of Michigan, to reflect on the ke...

Warner Bros. Rejects Paramount’s Hostile Bid

18 Dec 2025

Contributed by Lukas

Ed Elson unpacks the news that Warner Bros. Discovery’s board is encouraging shareholders to reject the Paramount bid with Rohan Gowsami, Business R...

Unemployment Climbs to a Four-Year High

17 Dec 2025

Contributed by Lukas

Ed Elson unpacks the latest jobs report and what it reveals about the health of the labor market with Kathryn Anne Edwards, Labor Economist and host o...

Why Oracle is Crashing Right Now

16 Dec 2025

Contributed by Lukas

Ed Elson unpacks why Oracle shares are tumbling and what that means for OpenAI with Gil Luria, Head of Technology Research at DA Davidson. Then Helen ...

What’s the Right Investment Strategy for 2026?

15 Dec 2025

Contributed by Lukas

Scott Galloway and Ed Elson synthesize the wide range of views guests have shared on what 2026 could hold, and lay out how they’re thinking about in...

The Bull Case for 2026 — ft. Tom Lee

12 Dec 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Tom Lee, co-founder, managing partner, and head of research at Fundstrat Global Advisors, to break down why ...

What the Fed’s Third Rate Cut Means for 2026

11 Dec 2025

Contributed by Lukas

Ed Elson discusses the Federal Reserve’s third interest rate cut with Mark Zandi, Chief Economist at Moody’s Analytics, unpacking what’s in stor...

Did the U.S. Just Hand its AI Edge to China?

10 Dec 2025

Contributed by Lukas

Ed Elson unpacks the news that the U.S. is allowing Nvidia’s advanced H200 chip sales to China with Chris McGuire, Senior Fellow for China and Emerg...

Paramount Goes Hostile With $108B Bid for Warner Bros.

09 Dec 2025

Contributed by Lukas

Ed Elson is joined by James Kynge, Senior Research Fellow at Chatham House and co-host of China Decode, to break down China’s record trade surplus a...

Netflix Wins the Warner Bros. Bidding War

08 Dec 2025

Contributed by Lukas

Scott Galloway and Ed Elson break down Netflix’s acquisition of Warner Bros. Discovery and what it means for the future of streaming. They then turn...

The Economic Risks Keeping Paul Krugman Up at Night

05 Dec 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Paul Krugman, Nobel Prize winning economist, and distinguished professor of economics at the graduate center...

401(k) From Birth? Inside the “Trump Accounts” With Brad Gerstner

04 Dec 2025

Contributed by Lukas

Ed Elson is joined by Patrick Moorhead, CEO and Chief Analyst of Moor Insights & Strategy, to break down Amazon’s new Tranium3 chip and what it mean...

OpenAI Declares Code Red as Google Gains Ground

03 Dec 2025

Contributed by Lukas

Ed Elson is joined by Alex Kantrowitz, host of the Big Technology podcast, to unpack why OpenAI has declared a “code red,” and what that signals f...

How Silicon Valley Infiltrated the White House

02 Dec 2025

Contributed by Lukas

Ed Elson is joined by Liz Hoffman, Semafor’s business and finance editor, to break down the New York Times investigation into David Sacks. Then Robe...

Money & Masculinity: Scott Galloway & Ed Elson on What Defines a Man

01 Dec 2025

Contributed by Lukas

In this special episode of Prof G Markets, Scott Galloway and Ed Elson unpack the complicated relationship between money and modern masculinity — fr...

Google vs. Nvidia: Is the AI Chip King Finally Under Threat?

26 Nov 2025

Contributed by Lukas

Ed Elson is joined by Patrick Moorhead, CEO and Founder of Moor Insights & Strategy, to break down the news that Meta is in talks to spend billions on...

Nasdaq Posts Best Day Since May as Fear & Greed Collide

25 Nov 2025

Contributed by Lukas

Ed Elson is joined by Robert Armstrong, U.S. commentator for the Financial Times and author of the Unhedged newsletter, to unpack recent volatility in...

Even Nvidia Can’t Rescue the Market From the Fear Cycle

24 Nov 2025

Contributed by Lukas

Scott Galloway and Ed Elson unpack the fear cycle that gripped the markets before and after Nvidia’s earnings, exploring what’s fueling investor a...

JPMorgan’s Playbook for a 10-15% Correction (or Worse) — ft. Michael Cembalest

21 Nov 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Michael Cembalest, the Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management,...

Nvidia Earnings Brush Off AI Bubble Fears — For Now

20 Nov 2025

Contributed by Lukas

Ed Elson is joined by Gil Luria, Head of Technology Research at D.A. Davidson, to break down Nvidia’s earnings and whether or not they put the AI bu...

How Big Tech’s Debt Machine Is Powering the AI Boom

19 Nov 2025

Contributed by Lukas

Ed Elson is joined by Joe Feldman, Senior Managing Director at the Telsey Group, to unpack Home Depot’s earnings and what they reveal about the stat...

Bitcoin Erases 2025 Gains as Crypto Bear Market Deepens

18 Nov 2025

Contributed by Lukas

Ed Elson is joined by Sherwood News markets editor Luke Kawa to make sense of Bitcoin’s slide and the broader crypto bear market. Then Bill Cohan, f...

The Whole Market Looks Expensive — Is it Time to De-Risk?

17 Nov 2025

Contributed by Lukas

Scott Galloway and Ed Elson break down the idea that there is “no place to hide” in the stock market and look for alternative places to invest. Th...

Aswath Damodaran Says There’s No Place to Hide in Stocks

14 Nov 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Professor Aswath Damodaran, the Kerschner Family Chair in Finance Education and Professor of Finance at NYU’...

Government Shutdown Ends — But the Damage Doesn’t

13 Nov 2025

Contributed by Lukas

Ed Elson sits down with Ramit Sethi, host of the “Money For Couples” podcast to unpack the Trump administration’s proposed 50-year mortgage. The...

Trump’s $2,000 Tariff Dividend Doesn’t Add Up — Here’s Why

12 Nov 2025

Contributed by Lukas

Ed Elson sits down with Justin Wolfers, Professor of Economics and Public Policy at the University of Michigan, to unpack President Trump’s proposed...

Inside Elon Musk’s $1 Trillion Tesla Payday — And Why It’s a Governance Nightmare

11 Nov 2025

Contributed by Lukas

Ed Elson is joined by Jason Bazinet, Managing Director of Media and Entertainment Research at Citigroup, to break down how investors reacted to Paramo...

Red Flags at OpenAI — How One Company Could Burst the AI Bubble

10 Nov 2025

Contributed by Lukas

Scott Galloway and Ed Elson dissect red flags at OpenAI and debate whether problems at the company could burst the AI bubble. Then, they turn to the S...

Is Zohran Mamdani's Plan for New York Economically Possible? — ft. Bradley Tusk

07 Nov 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Bradley Tusk, venture capitalist, political strategist, and writer, to break down the economics of Zohran Ma...

Is Palantir Overvalued? Stock Drops 10% on Michael Burry’s Bearish Bet

06 Nov 2025

Contributed by Lukas

Ed Elson is joined by Gil Luria, Head of Technology Research at D.A. Davidson, to break down how Palantir reacted to news of Michael Burry’s massive...

Zohran Mamdani Wins — Why NYC’s Mayor Race Was a Referendum on Inequality

05 Nov 2025

Contributed by Lukas

Ed Elson is joined by Harley Finkelstein, President of Shopify, to break down the company’s third quarter earnings. Then, Jessica Tarlov, host of th...

Amazon’s $38 Billion OpenAI Deal — And Why We Were Already Bullish on the Stock

04 Nov 2025

Contributed by Lukas

Ed Elson is joined by Ryan Petersen, founder and CEO of Flexport, to break down how companies are navigating tariffs. Then, Dan Primack, business edit...

AI is Taking Jobs — Here’s How to Stay Indispensable

03 Nov 2025

Contributed by Lukas

Scott Galloway and Ed Elson break down Big Tech’s latest earnings and discuss which companies might be over or undervalued. They also examine how AI...

Are We Reliving 1929? Parallels to Today’s Market Mania — ft. Andrew Ross Sorkin

31 Oct 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Andrew Ross Sorkin, editor-at-large of DealBook at the New York Times and co-anchor of CNBC’s Squawk Box, ...

Nvidia Just Hit $5 Trillion — Is the Stock Unstoppable?

30 Oct 2025

Contributed by Lukas

Ed Elson is joined by Scott Devitt, Managing Director of Equity Research at Wedbush Securities, to break down Meta and Google earnings. They dig into ...

What OpenAI’s Restructuring Means for Microsoft, AGI — and a Future IPO

29 Oct 2025

Contributed by Lukas

Ed Elson speaks with Alex Heath, author of Sources and co-host of the Access podcast, about OpenAI’s completed restructuring and the launch of its n...

How Milei’s Surprise Win in Argentina Defied the Market

28 Oct 2025

Contributed by Lukas

Ed Elson speaks with Oliver Stuenkel, Associate Professor at FGV’s School of International Relations in Brazil, to break down the results of the ele...

How China’s AI Efficiency Could Gut the U.S. Economy

27 Oct 2025

Contributed by Lukas

Scott Galloway and Ed Elson dig into China’s AI efficiencies and whether those innovations will be enough to take on American companies. Then, they ...

Are We Building AI for Progress or Power? — ft. Daron Acemoglu

24 Oct 2025

Contributed by Lukas

Ed Elson and Scott Galloway are joined by Nobel Prize–winning economist and MIT Professor Daron Acemoglu to discuss the economic consequences of AI....

Tesla Profits Plunge 37% Despite Record Sales — Here’s Why

23 Oct 2025

Contributed by Lukas

Ed Elson speaks with Tim Higgins, columnist at the Wall Street Journal, to break down Tesla’s third quarter earnings and discuss why profits took a ...

Netflix Stumbles on Earnings — While Warner Bros. Looks for a Buyer

22 Oct 2025

Contributed by Lukas

Ed Elson speaks with Jason Bazinet, Managing Director of Media and Entertainment Research at Citigroup, about why Netflix’s stock fell following its...

Is Amazon Losing Its Edge? What the AWS Outage Means for the Cloud Wars

21 Oct 2025

Contributed by Lukas

Ed Elson speaks with Mark Mahaney, head of internet research at Evercore ISI, about what the AWS outage reveals about Amazon’s role in the cloud spa...

AI is Running Up America’s Energy Costs — Who’s Footing the Bill?

20 Oct 2025

Contributed by Lukas

Scott and Ed dig into how America’s data center boom is driving up electricity bills — and what should be done about it. Then, they look at how Me...

Why AI Needs Antitrust Intervention — ft. Jonathan Kanter

17 Oct 2025

Contributed by Lukas

Ed and Scott are joined by Jonathan Kanter, former Assistant Attorney General for the Antitrust Division of the U.S. Department of Justice, to discuss...