On this episode of The Puck, host Jim Baer sits down with Aswath Damodaran, renowned NYU finance professor and the “Dean of Valuation,” for a deep dive into the current economic landscape.

Damodaran breaks down the market’s recent volatility, the looming risk of a recession, and why the U.S. has been able to defy macroeconomic gravity for so long. He explores the impact of globalization’s decline, the role of risk capital, and the evolving influence of AI and Big Tech on markets. From the challenges of government inefficiency to the realities of investing in turbulent times, this episode offers a sharp, data-driven perspective on what lies ahead.

Is the U.S. government running an unsustainable economic experiment? Can AI and technology continue to carry the economy? And what should investors do in a world of increased volatility? Tune in to hear Damodaran’s take on where we’re headed—and why adaptability is more crucial than ever.

🎧 Available on Apple Podcasts, Spotify, and SoundCloud.