Liberation Day 2.0 Is Here — When Will We See the Tariff Fallout?

In this episode of Prof G Markets, Scott and Ed discuss Trump's new wave of tariffs, questioning their potential impact and suggesting a short position on copper. They analyze the junk food industry's structural decline due to GLP-1 drugs and the "Make America Healthy Again" movement, proposing strategies for companies like Pepsi to adapt. Looking ahead to the second-quarter earnings season, they anticipate strong results from global companies like Netflix, while also debating the potential effects of geopolitical turmoil and tariff policies on corporate America and the consumer, with a focus on upcoming CPI data and bank earnings.