The Prof G Pod with Scott Galloway
Prof G Markets: What to Do in the Wake of Trump’s Tariff Pause
14 Apr 2025
Scott and Ed dive into the ongoing trade war, unpacking how markets reacted to Trump’s 90-day tariff pause and the broader turmoil with China. They break down what may have just been the greatest day of insider trading in history, assess the damage to American 401Ks, and explore what likely drove Trump to hit pause on the tariffs. Scott also offers practical advice for weathering the uncertainty ahead. Vote for Prof G Markets at the Webby Awards Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices
Full Episode
What's up, y'all? It's Kenny Beecham. We are currently watching the best playoff basketball since I can't even remember when. This is what we've been waiting for all season long. And on my show, Small Ball, I'll be breaking down the series matchups, major performances, in-game coaching decisions, and game strategy, and so much more for the most exciting time of the NBA calendar.
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Today's number, $313 million. That's how much a Minecraft movie made in its opening weekend, the biggest video game film opening ever. Ed, a rabbi, a priest, and a stripper walk into a bar. What does the bartender say? What? I don't know, but Donald Trump is a fucking idiot. I just made that up. I'm proud of that. That's good. That'll get the people going.
And for those of you who think I have Trump derangement syndrome, I have this thing called capitalism and democracy addiction syndrome. I really love Netflix and I love... you know, living somewhere nice. And I love rule of law. And I love people who make smart decisions and prosperity. I'm just so into this whole prosperity and rights thing. And I've gotten so used to it.
So Megyn Kelly is super easy to find. If you're looking for people to justify, like say he's playing 4D chess, right? No, he's not even playing fucking Jenga or checkers. He's playing Russian roulette. with everyone's prosperity. I am in a bad mood today, Ed.
I can tell. It is interesting how all these, I mean, the response to any criticism has always been Trump derangement syndrome. And I've said, you know, I think probably a month ago that there's a new syndrome, which is TDSDS, which is Trump derangement syndrome, derangement syndrome, where you basically ascribe any criticism of the government as a symptom of Trump derangement syndrome.
It is funny, this week I have not been hearing any accusations of TDS. I think people have finally gotten it through their heads that that's not really a valid argument you can make anymore. So we'll be getting into all of it today and all of the arguments that the other side has been making as to why any of this could possibly make sense. A few notes from me.
One, please go vote for us in the Webby Awards. Yes. Please vote for us. I need a raise. So we need to get this win under our belt. You think that's going to get you a raise? Yes. Okay. Fine.
So go vote for us in the Webby Awards. Voting ends this week, so please go vote for us at vote.webbyawards.com. Type in Prof G Markets in the search bar. You will find us. Please vote for us. We'll also leave a link in the description to make it easy for you. And the second point I will make, just a bit of housekeeping before we start the show,
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