Ed breaks down the Fed’s interest rate decision with Robert Armstrong, U.S. financial commentator for the Financial Times. They dig into why the Fed cut rates yesterday and what that move means for the rest of the year. Then Ed and Scott discuss the details of the deal to keep TikTok in the U.S. and question who really comes out on top. Timestamps 00:00 - Today's Number 00:26 - Market Vitals 01:08 - Fed Decision 01:41 - Interview w Robert Armstrong, U.S. Financial Commentator at Financial Times 17:49 - Ad Break 20:10 - TikTok Update 22:21 - Scott Calls In 📲 34:04 - Credits -- Subscribe to the Prof G Markets newsletter: https://links.profgmedia.com/markets-newsletter Order "The Algebra of Wealth" out now: https://links.profgmedia.com/algebra-of-wealth Subscribe to No Mercy / No Malice: https://links.profgmedia.com/nmnm-yt-sub-desc Follow Scott on Instagram: https://instagram.com/profgalloway Follow Ed on Instagram and X: https://instagram.com/ed_elson_/ https://x.com/edels0n