**Ed Elson** (0:00)
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**SPEAKER_2** (0:39)
From the Goldman Sachs Trading Floor, in 10 minutes or less.
Investors and analysts share timely analysis on the week's market activity. The Markets Podcast from Goldman Sachs. Listen now.
**SPEAKER_3** (0:53)
Support for this show comes from Odoo.
Running a business is hard enough, so why make it harder with a dozen different apps that don't talk to each other? Introducing Odoo, it's the only business software you'll ever need. It's an all-in-one, fully integrated platform that makes your work easier. CRM, accounting, inventory, e-commerce and more. And the best part? Odoo replaces multiple expensive platforms for a fraction of the cost. That's why over thousands of businesses have made the switch. So why not you?
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**Scott Galloway** (1:34)
Today's number, 1.3 square miles. That's the landmass of Central Park, greater than the nation state of Monaco. Ed, you guys may not know this, but Ed actually went to Princeton. And Princeton is credited with more sex research than any university in the world. I went to UCLA.
At Princeton, they invented sex. At UCLA, we introduced it to women.
**Ed Elson** (2:00)
That's pretty good. Yeah, this corner likes it.
Some people up there don't like it. My Princeton buddies in the crowd, they don't like it either.
**Scott Galloway** (2:12)
All right. Who wants a dick joke? So, the mooch is here, and he and I were at the urinal, and he looks over and he's like, circumcised, and I'm like, nope, that's just the wear and tear.
**Ed Elson** (2:42)
Well, Scott, it's great to be here, finally in New York City, the final stop on the tour. At each city that we've been doing this show, we like to sort of begin the show with a little bit of data about the city, usually some economic data. So, you know, in Los Angeles, we were talking about Hollywood, and in Miami, we were talking about crypto. So I would like to share some New York City-specific data of my own before we get into the show. So my first number to give you today, Scott, is 27
27, that's how many years have passed since the New York Knicks last made it to the NBA Finals.
**Carla Swisher** (3:22)
Today's other number is 53
**Ed Elson** (3:23)
That's how many years have passed since the New York Knicks last won an NBA Championship.
**Carla Swisher** (3:27)
I heard a lot of boos there.
**Ed Elson** (3:28)
I can't tell why that's happening, but all I can tell you, Scott, I have three words. Let's go Knicks.
That's right, Scott, will you be tuning in tomorrow night?
**Scott Galloway** (3:44)
Be honest with this ad, does it look like John Santa's gonna bust through and I'm gonna be a 650 first make a wish?
Seriously, look at me right now. Look at us.
**Ed Elson** (3:53)
You look good.
**Scott Galloway** (3:54)
No, this is what you call birth control.
**Ed Elson** (4:01)
Well, okay, now that we have our pandering to the audience out of the way, now that we've gotten on your side, I hope, I'm going to launch us into our first story. Great. Okay.
It's been 94 days since the US first launched strikes on Iran and the path ahead is still unclear. Iran is reportedly still reviewing the latest draft of a potential agreement with the US and has yet to issue a response. Trump also posted on Truth Social that talks were, quote, going on. However, rhetoric from Tehran continues to harden. A senior Iranian military official said Tuesday that renewed hostilities with the US appear inevitable, adding that the Iranian nation will never surrender. Meanwhile, the Strait of Hormuz remains effectively closed, continuing to disrupt one of the world's most important energy corridors. So Scott, week 13 of the war, we talked about inflation, which continues to rise. The numbers do not look great. The Strait remains closed. What do you make of these recent developments in Iran? And where do you see this all heading?
**Scott Galloway** (5:03)
Well, the justification for doing this to begin with was such that Iran would never have access to...
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