00:00:51 · S2, S3, Scott Galloway, Ed Elson
[00:00:51] S2: You know that feeling when too many things fall through the cracks? Monday.com was built for that gap. The AI work platform where people and agents work side by side to deliver more together. Create your first Monday agent today at monday.com. [00:01:07] S3: Support for the show comes from TikTok. There is a scientifically documented correlation between listening to podcasts and curiosity. So since you're here, you probably enjoy discovering new things. One great place to indulge your curiosity is TikTok. Whether it's how to forecast volcanic eruptions, strange phenomena that the James Webb Space Telescope picked up near the beginning of time, or a literal deep dive on the ocean's deepest reefs. TikTok has a wealth of fascinating videos just waiting to be discovered. Your next discovery is waiting on TikTok. Learn more at tiktok.com/discovermore. [00:01:49] S0: Today's number 73. That's the percentage of US adults who have a favorable view of the National Park Service, making it the most favorable federal agency in America. And true story. I went to a national park recently and I bitched about it the whole time, and soon after, I was canceled for making anti Yo Semitic remarks. [00:02:20] S4: How are you doing? I see you're wearing your Virginia shirt.
00:02:20 · Ed Elson, Scott Galloway
[00:02:20] S4: How are you doing? I see you're wearing your Virginia shirt. [00:02:23] S0: I am. I went to the football game last weekend. Parents weekend, I think we talked about it. I'm super excited. My son's thriving and it's like a huge source of joy for me. You always worry, there's always like this non zero probability your kid's gonna head off to college and like not like it, and then the whole house freaks out. [00:02:42] S4: Is he about the frat life? Is that is that is that calling him or no? I think he's pretty social, but I [00:02:48] S0: don't know if he's what I'd call a big partier, but he likes, you know, he likes being social, and he's not like his dad who's trying to, like, fill a hole that can never be filled in in wallpaper over his depression and anger with substances. [00:03:04] S4: Well, that's good. [00:03:05] S0: That's great. Speaking of which, Halloween. How's your Halloween going? [00:03:09] S4: This will be out just after Halloween, but, it's gonna be good. [00:03:12] S0: Let's hope I'm still around. This is... We are one night into Halloween, and I am already hurting. [00:03:18] S4: Yeah. Wow. I've actually... I've got five friends from London who are who are visiting for the weekend, so I've gotta go take them out, have a good time. [00:03:26] S0: Oh, wow. What are gonna do with them?
00:03:26 · Scott Galloway, Ed Elson, S1
[00:03:26] S0: Oh, wow. What are gonna do with them? [00:03:27] S4: We're gonna go... We're gonna have dinner, and then we're gonna go to off... To one of my friends whose party is having a big Halloween party. It's gonna go all night. So we'll do that. And then I think they wanna do, like, a pub crawl on Saturday, which I'm probably not gonna join them for because it sounds terrible. And and then I'm heading off to London to join the Mooch and Katty Kay for midterm elections for the... For their livestream for the rest of the politics. So I leave on Saturday night, which is a shame. [00:03:58] S0: I'm still stuck on the notion that you have five friends. I kind of had this sneaky suspicion that you're the Vivek Ramaswamy of whatever high school you went to. Like, super smart, and everyone hates you. Is that not right? Is that not accurate? [00:04:11] S4: That's terrible. [00:04:13] S0: Wow. Is that not accurate? [00:04:15] S1: I don't think so. Is that unfair? [00:04:16] S4: Maybe we'll take a poll, see what they think. [00:04:18] S0: That's gonna be great. You're gonna show them a great time. [00:04:20] S4: I hope so. I think we're gonna have a good time. More importantly, what are you going as? It's always it's always an important question. [00:04:26] S0: Oh god. I had real trouble with the costume last night. Uh-oh. I got a great costume, Larry David. It looked impeccable. It was hilarious. [00:04:33] S4: Do you have, like, the hair? Are you doing something with hair or no?
00:04:33 · Ed Elson, Scott Galloway
[00:04:33] S4: Do you have, like, the hair? Are you doing something with hair or no? [00:04:36] S0: Yeah. I had the wig. I had the glasses. I had the khakis. I looked exactly like Larry David. It was genius, and I'm like, I just can't do this. It makes me even more unfuckable than I am anyways. I just can't do this. I'm just too vain. And so then I put on Darth Vader, and it was like this blousy thing, and I looked like Delta Burke from Designing Women. I just looked ridiculous. And then, oh, I I I was really excited about this amazing Spider Man outfit, and I've been working out. I wanna show off my body. And that thing was too tight. I guess I've been gaining weight. And not only that, I'm like, anyway, so zippers were flying and buttons were flying. [00:05:20] S4: Sounds quite stressful. [00:05:21] S0: I'm glad you recognize that. So I did what I always did. I... That I've done the last... That I did last Halloween. I put on my I put on my Deadpool outfit. Huge crowd pleaser, except young people keep saying, oh my god. I love Iron Man, and I wanna choke them. I'm like, I am not Iron Man. God. Anyways [00:05:41] S4: So you're gonna go with Deadpool then. That's the plan? [00:05:43] S0: I did last night. I might try the Larry David again tonight if I'm a little bit more secure and in touch with my, like... Just decide. It's like
00:05:43 · Scott Galloway, Ed Elson
[00:05:43] S0: I did last night. I might try the Larry David again tonight if I'm a little bit more secure and in touch with my, like... Just decide. It's like [00:05:49] S4: That's gonna be a hit. And then you can take it off at some point in the night, but you start out crowd pleaser. You're the funniest guy in the room. Everyone loves it. And then you can sort of take it off and be like, okay. I'm normal now. [00:06:00] S0: The key, I think, if I'm wearing the Larry David outfit is to do what I did last weekend at UVA when somehow I ended up renting a white minivan. And that is as you're driving, you just gotta go, I like me. I like me. I feel good about me. By the way, minivan, they're incredible. I totally see why they sell so well. They're incredible. They're so easy to get in and out of, and they got that out of my door thing and a ton of luggage. I don't know. I'm I'm thinking about a minivan. [00:06:28] S4: I'm gonna be Tony Montana. [00:06:29] S0: Really? I like it. Is your is your girlfriend going against Michelle Pfeiffer? [00:06:33] S4: Correct. [00:06:33] S0: Wow. That's a good one. [00:06:34] S4: That'll be good. That'll be good. Sounds like a wig. I need to get myself, like, a cigar or something. I tried to order, like, a toy gun. [00:06:41] S0: No. No. No toy guns. [00:06:42] S4: I guess it's illegal. Amazon Yeah. Amazon is not happy with that. So we won't do that. But, yeah, we'll see. I'll send you a photo. [00:06:53] S0: Right. Should we bass into the show?
00:06:53 · Scott Galloway, Ed Elson, S1
[00:06:53] S0: Right. Should we bass into the show? [00:06:55] S4: Let's do it. And by the way, if you like the show, please be sure to hit follow wherever you're listening or subscribe to us on YouTube and hit the bell icon to get all of our latest episodes. Thank you very much. [00:07:06] S1: Is the time to buy. I hope you have plenty of the wherewithal. [00:07:12] S4: September's personal consumption expenditures report showed inflation continuing to climb. Both headline and core PCE hit their highest annual rates since May with headline inflation rising 3.6% year over year. That data came in just a day after the Fed decided to hold rates steady. Nonetheless, two officials dissented in favor of a quarter point hike. Chair Warsh also noted that financial and credit conditions have tightened for some businesses and households. So inflation remains a persistent problem, and the Trump administration has faced plenty of blame for the state of the economy. But at the midterms tomorrow, we will get a better sense of how Americans really feel about this administration and how they have handled things. So, Scott, inflation keeps going up. Not really any surprises. PCE rose to 3.6%. Gas prices continue to go up. Diesel prices are up 77% year over year. Real wages fell point 7% in September. That was the sixth straight month of declining earnings. Not great. And on Tuesday, I think it's gonna be a referendum on those numbers, how how upset people really are. What are your expectations, going into Tuesday?