America’s Affordability Crisis, Zohran Mamdani, Trump's Economy, & Crypto’s Lost Momentum

America’s Affordability Crisis, Zohran Mamdani, Trump's Economy, & Crypto’s Lost Momentum

Mike and I discuss why we're "nervous bulls" on markets—with the Fed cutting rates and Trump pumping money into the economy, valuations look attractive, but an exploding wealth inequality gap and growing political backlash could trigger a revolution that ends the bull market. We dive into housing affordability (half of America earns below what's needed to buy a home), tokenization's global impact, Abu Dhabi's rise as a financial hub, and what economic warning signs would make us turn bearish. 📚Mentioned in this episode: The Hour Between Dog and Wolf by John Coates Streetwise: Getting to and Through Goldman Sachs by Lloyd Blankfein Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation. Follow Anthony on X: ⁠https://x.com/Scaramucci⁠ Follow Novo on X: ⁠https://x.com/novogratz⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(261)

He Invented Online Betting...Then Went To Prison For It - Jay Cohen

He Invented Online Betting...Then Went To Prison For It - Jay Cohen

He built a betting exchange three decades ahead of its time, got prosecuted for it while John Roberts almost took his case, and served time for something states are now making legal one by one. This w...

7 Jul 26min

"They Should've Been Dead": How 3 Men Survived 28 Hours Surrounded by Sharks - Michael J. Tougias

"They Should've Been Dead": How 3 Men Survived 28 Hours Surrounded by Sharks - Michael J. Tougias

They made a vow to survive together, no blame, no panic, just 28 hours of pure will against sharks, jellyfish, and the open ocean. My guest, Michael Tougias, lived inside this story for years to bring...

2 Jul 26min

Jun 2026 Q&A: Breaking From Trump, Reforming American Democracy & Book Recs

Jun 2026 Q&A: Breaking From Trump, Reforming American Democracy & Book Recs

It's the June Q&A on Open Book, and you came at me with everything this month: aliens, whether there's a reckoning coming when Trump's term ends, and the honest reason it took me so long to break from...

30 Jun 26min

The Coach Everyone Called a Failure (He Proved Them Wrong) - Monte Burke

The Coach Everyone Called a Failure (He Proved Them Wrong) - Monte Burke

Pete Carroll was written off as a flake, a fraud, and a two-time NFL failure, but then he built one of the greatest dynasties in college football history. This week on Open Book, Monte Burke and I get...

25 Jun 28min

America Repeats the Same Crisis Every 80 Years. Here's How We Overcome It - Bob Crawford

America Repeats the Same Crisis Every 80 Years. Here's How We Overcome It - Bob Crawford

Does America face a defining crisis every 80 years? In this episode, I sit down with musician and author Bob Crawford to explore the remarkable life of John Quincy Adams, why history may be rhyming on...

23 Jun 33min

Historian: The Untold Story of WWII's Most Fascinating Person - Geoffrey Roberts

Historian: The Untold Story of WWII's Most Fascinating Person - Geoffrey Roberts

Kathleen Harriman was there at the center of it all, at Churchill's side in the Blitz, in Stalin's Moscow, at Yalta, and somehow history almost forgot her. My guest today, renowned historian Geoffrey ...

18 Jun 27min

High Performance Psychologist: The #1 Fear Holding You Back From Your Full Potential

High Performance Psychologist: The #1 Fear Holding You Back From Your Full Potential

What if the biggest thing standing between you and your best life isn't failure, it's what other people think of you? Today, I sit down with world-renowned high-performance psychologist Michael Gervai...

16 Jun 33min

The Rise and Fall of a Tech Titan - Katie Prescott

The Rise and Fall of a Tech Titan - Katie Prescott

Mike Lynch was a working-class kid from East London who built one of Britain's greatest tech companies, and then watched it all collapse in a fraud scandal that stretched across two continents, two co...

11 Jun 29min

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