Trump Tariffs Overturned, $56T Debt Surge, AI Replacing Workers & Fed Cuts Debate

Trump Tariffs Overturned, $56T Debt Surge, AI Replacing Workers & Fed Cuts Debate

Welcome back to All Things Markets — Today, Mike Novogratz and I are ripping into the big stuff: tariffs getting struck down, a potential $56 trillion national debt, and whether the bond market is just calmly whistling past the fiscal graveyard. Mike and I debate Fed cuts, the AI labor shock that could upend the middle class, and why baby boomers may go down as the most overrepresented — and self-interested — generation in modern political history. Buckle up — this one’s about power, money, and what kind of future we’re actually building. 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. Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

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April 2026 Q&A: What Trump is Really Like, Repeal Citizens United, Declining US Dollar

April 2026 Q&A: What Trump is Really Like, Repeal Citizens United, Declining US Dollar

We are back with another Open Book Q&A — the episode where you ask, I answer, and nobody's feelings are guaranteed to survive intact. From repealing Citizens United to what Trump is really like behind...

16 Apr 28min

World's #1 Thriller Writer: "STOP SCROLLING and BE HUMAN AGAIN" - David Baldacci

World's #1 Thriller Writer: "STOP SCROLLING and BE HUMAN AGAIN" - David Baldacci

David Baldacci has sold 150 million books, and when I picked up his first novel — Absolute Power — I was a 32-year-old lawyer who thought he had life figured out. What I didn't expect was to walk away...

14 Apr 28min

The Anthropologist Predicting Society's Collapse - Jitske Kramer

The Anthropologist Predicting Society's Collapse - Jitske Kramer

My guest today is Jitske Kramer — corporate anthropologist, bestselling author, and one of the most original thinkers I've had on this show. We're getting into tricksters, liminality, and why the mess...

9 Apr 27min

The Truth About AI They Don't Want You To Know - Sebastian Mallaby

The Truth About AI They Don't Want You To Know - Sebastian Mallaby

Sebastian Mallaby is back as a repeat guest on Open Book, with a brilliant new book. He spent 30 hours inside the mind of the man building superintelligence, and what he found should wake all of us up...

7 Apr 31min

American Recession Watch, Extreme Wealth Gap, & Crypto Stalemate

American Recession Watch, Extreme Wealth Gap, & Crypto Stalemate

Markets are flashing warning signs, and the U.S. consumer is taking the hit. Mike Novogratz and I break down why traders have shifted from buying the dip to selling the rally, what the wealth gap mean...

1 Apr 36min

The Strategic Genius Behind Trump's Chaos - Jeffrey Sonnenfeld

The Strategic Genius Behind Trump's Chaos - Jeffrey Sonnenfeld

This episode is about understanding something most people get wrong about Donald Trump: what looks like chaos is often very deliberate. I sat down with Jeffrey Sonnenfeld, who’s studied Trump for deca...

31 Mars 33min

Jensen Huang Slams AI Layoffs, Markets Go Haywire & the Great Tax Migration

Jensen Huang Slams AI Layoffs, Markets Go Haywire & the Great Tax Migration

Markets are whipping around like a yo-yo with war, oil, and rates all over the place, and somehow stocks are still standing. At the same time, Jensen Huang is calling out CEOs for hiding behind AI to ...

25 Mars 28min

Why Great Teams Fail And How The Yankees Keep Winning - Andy Martino

Why Great Teams Fail And How The Yankees Keep Winning - Andy Martino

I'll be honest with you, I'm a Mets guy, I owned a piece of that team for years, but even I can't deny that the Yankees are the Google of baseball, and today we're going to find out exactly how they k...

24 Mars 42min

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