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Prof G Markets

Has a Global Market Rotation Begun? + Inside the Ultra-Luxury Hotel Industry

24 Mar 2025

Description

Scott and Ed open the show by discussing the federal reserve’s interest rate decision, the Professional Tennis Player Association's lawsuit, and BYD’s new charging technology. Then they analyze Germany’s decision to boost defense spending while lifting its debt limit, unpacking the market’s reaction and broader economic implications. Finally, they break down ultra-luxury hotel group Aman’s latest funding round, and Scott explains how high-end hospitality brands are evolving to cater to an even richer clientele. Subscribe to the Prof G Markets newsletter  Order "The Algebra of Wealth," out now 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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Transcription

Full Episode

1.727 - 8.051 Unknown Narrator

Buying a house has long been considered the best way to build wealth and move into true adulting.

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8.471 - 14.515 Unknown Speaker

Isn't it? I mean, at least that's what society wants us to think. Gotta get a Birkin, gotta get a home, you know.

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15.035 - 32.839 Unknown Narrator

Okay, the handbag you can probably manage without. But what about a house? Surely that's actually good, right? We're going to find out this week on Explain It To Me. New episodes every Sunday morning, wherever you get your podcasts.

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35.919 - 57.786 Peter Kafka

Hey, this is Peter Kafka. I'm the host of Channels, a podcast about technology and media and how they're both changing all the time. And this week, I'm trying to figure out how Donald Trump is changing the media in Washington and the courtroom and in the boardroom. On to help me figure it all out is Sarah Fisher, the excellent Washington-based media reporter for Axios.

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58.686 - 62.707 Peter Kafka

That's this week on Channels, wherever you get your favorite podcasts.

65.595 - 83.127 Scott

Today's number, 63,000. That's how many pages are in the newly released JFK assassination files, but none of them contain any revelations. Ed, what do JFK and Bill Clinton have in common? What's that? Both their careers ended with a stained dress. Oh, dog.

94.281 - 99.943 Ed

That's wrong. Dark and gross. Any thoughts on the JFK file, Scott?

100.203 - 102.163 Scott

How did JFK break his arm?

102.343 - 104.524 Ed

Oh, a joke. Good. How did he break his arm?

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