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Bill Cohan joins Peter to make sense of Wall Street’s latest head-scratcher—big banks posting record profits, even as an Iran-driven energy shock accelerates inflation and sends gas prices climbing. What’s driving the disconnect between economic anxiety on the ground and seemingly unshakeable optimism on Wall Street?

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LATEST EPISODES

Vance’s Iran Trump Card

Julia Ioffe and Peter untangle the framework peace deal between the United States and Iran, which seems to shift by the hour as Israel, Tehran, and Washington trade competing details. They also explain why J.D. Vance has emerged as the deal’s most visible champion, using the moment to cement his standing with Trump. To learn […]

Media Monday: CNN-CBS News Pro Forma Realities & Fox-Roku Vulcan Chess

Jon Kelly and Peter reunite to work through the CNN-CBS News pro forma possibilities as the era of belt-tightening beckons at WarnerMount. Then the duo trade some final observations about Fox’s acquisition of Roku. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

The James Dolan Paradox

Fresh off of the Knicks' historic championship victory, John sits down with ESPN's Brian Windhorst and New York's own Mike Breen to dig into James Dolan's ownership of the team, the undervalued roster Leon Rose quietly assembled, and why Jalen Brunson is essentially funding his own teammates. Breen also expands on his emotional call as […]