Open Book with Anthony Scaramucci

Markets are flashing warning signs, and the U.S. consumer is taking the hit. Mike Novogratz and I break down why traders have shifted from buying the dip to selling the rally, what the wealth gap means for the economy, and where crypto stands as the Clarity Act stalls. This is a market you need to understand right now!

Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation.

Learn more about Galaxy here: https://www.galaxy.com/

Follow Anthony on X: https://x.com/Scaramucci
Follow Novo on X: https://x.com/novogratz

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Learn more about SALT here: https://www.salt.org/

Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci

Referenced in the episode:
https://www.axios.com/2026/03/28/iran-war-inflation-costs?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosam&stream=top
https://www.wsj.com/economy/wealthy-americans-us-economy-dba0d26a?mod=hp_lead_pos7
https://www.axios.com/2026/03/24/jobs-labor-college-gallup?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiospm&stream=top
https://www.galaxy.com/newsroom/galaxy-to-match-us-governments-contribution-to-trump-accounts
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This episode is about understanding something most people get wrong about Donald Trump: what looks like chaos is often very deliberate. I sat down with Jeffrey Sonnenfeld, who’s studied Trump for decades, to break down the strategy, the psychology, and the playbook behind it all. Whether you agree with him or not, you need to understand how he operates.

Jeffrey Sonnenfeld is the Senior Associate Dean for Leadership Studies and Lester Crown Professor in Management Practice at the Yale School of Management, as well as founder and president of the Chief Executive Leadership Institute, a nonprofit educational and research institute focused on CEO leadership and corporate governance. He has authored eight books and his work is regularly cited by the general media such as: BusinessWeek, Forbes, the Wall Street Journal, the New York Times, Newsweek, Time, the Economist, the Financial Times, the Washington Post, CBS, MSNBC, CNN, FOX, NBC, ABC as well as PBS, and he is a staff contributor for CNBC and a staff columnist for FORTUNE, TIME, Chief Executive, and Corporate Board Member.

Get his new book, Trump's Ten Commandments: Strategic Lessons from the Trump Leadership Toolbox, which is out today, March 31, 2026, here: https://a.co/d/083MxKTx

I blurbed the book, saying, "I was charmed by Donald Trump, worked for him, and then also saw his dangerous flaws. Some treat him as the village idiot or a madman because of his unorthodox impulses, and that he may not have been the top finance, econ, or history student at Wharton. Critics are as wrong to discount his communication genius and street savvy as others are to deify him. Sonnenfeld is the first scholar to reveal just how Trump operates, the method behind the magic and malice—lessons needed to protect our nation.”

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

📚Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci
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Markets are whipping around like a yo-yo with war, oil, and rates all over the place, and somehow stocks are still standing. At the same time, Jensen Huang is calling out CEOs for hiding behind AI to justify layoffs, while we’re watching a real migration of wealth out of high-tax blue states into places like Miami and Texas. So the big question is: are we managing this economy the right way, or are we just riding momentum until something breaks? Mike Novogratz and I discuss it all on All Things Markets.

Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation.

Learn more about Galaxy here: https://www.galaxy.com/

Follow Anthony on X: https://x.com/Scaramucci
Follow Novo on X: https://x.com/novogratz

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Learn more about SALT here: https://www.salt.org/

Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci
Learn more about your ad choices. Visit podcastchoices.com/adchoices

I'll be honest with you, I'm a Mets guy, I owned a piece of that team for years, but even I can't deny that the Yankees are the Google of baseball, and today we're going to find out exactly how they keep doing it. My guest is award-winning MLB journalist Andy Martino, whose new book The Yankee Way pulls back the curtain on the Brian Cashman era and reveals that everything you thought you knew about that dynasty was wrong.

Andy Martino has written about sports, culture, and entertainment, and has covered Major League Baseball for more than a decade. A former staff writer at the Philadelphia Inquirer and New York Daily News, he is currently a reporter and analyst covering MLB for the SNY network in New York.

Although I'm a massive Mets fan, I must admit Andy's book about the Yankees is wonderful. Get The Yankee Way: The Untold Inside Story of the Brian Cashman Era today.

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci⁠
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On today's episode of All Things Markets, Mike Novogratz and I discuss America's K-shaped economy — asset prices near all-time highs, food banks overwhelmed, and the inequality gap as wide as I've ever seen it in my career. We get into all of it this week — the bond selloff, what's really happening in the Middle East, and why AI is going to be the defining issue of our time.

Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation.

Learn more about Galaxy here: https://www.galaxy.com/

Follow Anthony on X: https://x.com/Scaramucci
Follow Novo on X: https://x.com/novogratz

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci
Learn more about your ad choices. Visit podcastchoices.com/adchoices