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 down Meta and Microsoft’s earnings with Gil Luria, Head of Technology Research at DA Davidson. Finally, Ed lays out his investment thesis for his latest stock pick: Adobe. 
Check out our <a href="https://www.profgmarkets.com/p/davos-trump-and-the-myth-of-the-sell-america-trade?utm_content=curious_button">latest Prof G Markets newsletter</a>
Follow Prof G Markets on <a href="https://www.instagram.com/profgmarkets/?hl=en">Instagram</a>
Follow Ed on <a href="https://www.instagram.com/ed_elson_/">Instagram</a>, <a href="https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">X</a> and <a href="https://substack.com/@edwardelson">Substack</a>
Follow Scott on<a href="https://www.instagram.com/profgalloway/?hl=en"> Instagram</a>
Send us your questions or comments by emailing <a href="mailto:Markets@profgmedia.com">Markets@profgmedia.com</a>
 Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

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

Prof G Markets is your daily briefing on the news moving markets — from earnings and geopolitics, to Big Tech and AI.&nbsp;

Hosted by Scott Galloway and Ed Elson, we cut through the noise with no-BS analysis. Tune in to understand what's happening, why it matters, and how to stay ahead.

Fast takes. Clear insights. No jargon — just signal.

Have a question or comment for us? Reach out to markets@profgmedia.com. 

Part of the Vox Media Podcast Network.