Scott Galloway says Trump’s ‘blackout drunk’ moves could cause $3,500 iPhones

From Yahoo Finance: 2025-05-22 15:11:00

New York University marketing professor Scott Galloway criticized President Trump’s tariffs, warning they could harm the global economy. He defended outsourcing low-wage jobs, claiming tariffs could double iPhone prices. Despite a temporary U.S.-China tariff truce, Galloway and billionaire Ray Dalio advise investing in gold to weather economic uncertainty.

Real estate also offers a hedge against inflation, with properties appreciating and generating passive income. Crowdfunding platforms like Arrived allow investors to buy shares of rental homes for as little as $100, without the hassle of being a landlord. Accredited investors can diversify portfolios with commercial properties leased by national brands through FNRP.

Read more: Scott Galloway says Trump’s ‘blackout drunk’ moves could cause $3,500 iPhones