Vote for Prof G Markets at the Webby Awards Scott and Ed discuss how the markets reacted to Trump’s tariff exemption on smartphones and computers, the dollar falling to a three-year low, and first quarter bank earnings. Then William Cohan, New York Times bestselling author and founding partner of Puck, joins the show to unpack the latest developments in the bond market. He explores the potential fallout of a credit crisis, weighs in on whether Japan and China are wielding the bond market as a geopolitical weapon, and offers his take on where the next wave of damage from the tariffs is likely to surface. 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
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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 60. That's the percentage of general admission Coachella attendees who use Buy Now, Pay Later to finance their tickets. Ed, have you ever had sex at a music festival? No. It's fucking intense.
I don't know why I like that one. For some reason, I like that one. I think I like the pun jokes. Yeah, it's cute, right? A little bit of a dad humor twist, yeah. How are you, Ed? What's going on with you? I'm doing very well, Scott. My dad's visiting, so I've been hanging out with him, which has been very nice, yeah.
What are the Elson men doing together? Like, what did you do with your dad? What did you take him to see?
We had lunch uptown and we walked around Central Park, which was nice. We're mostly just getting meals together, which is sort of what we like to do. I'll be having lunch with him tomorrow. We're having dinner together on Thursday.
During lunch, I know my dad and me. Oh, you can always, you guys can already hear it coming. Yeah. Everyone's like putting their hands over their... Do you remember when my father used to come visit? During long lunches, he would pause and he would reach across the table and he'd look at me and he'd say, you're such a disappointment. And... Has that happened to you? I'm still waiting on that one.
Anyways. How are you? You're in Palm Beach, right? I'm in Palm Beach. Why? I'm not sure. Probably... I forget. Either my sons have friends here or my partner has friends here. I don't even... Why am I here? I have no fucking idea why I'm here. Seriously, why am I here? I don't know. Anyways, we're at this new hotel called the Colony Hotel.
And it's what I call a 64 hotel, six-star prices, four-star service. And they just throw people at everything. And it's all these nice young people who have no desire to be in the services business who are waiting to go, I don't know, what people do in Florida, find a bale of cocaine. I don't know what it is. What do people do here in Florida? Open a nightclub? Fight crocodiles.
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