Iran, IPO Mania, and the New American Dream | The Week
Scott Galloway and Ed Elson cover US leverage in Iran and Ukraine negotiations, a coming wave of IPOs that could shake markets, and why housing costs are delaying family formation.
The gist
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Trump publicly stating his willingness to deal with Iran removes any incentive for Iran to negotiate, Galloway says, like showing your poker hand early.
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Nearly $1 trillion in new equity supply, including a SpaceX $75B IPO and $500B in lockup expirations, could outstrip demand and signal a market top.
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Galloway argues fitness trackers and sleep scores can distract from things that matter more, like simply being present at dinner with your kids.
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