Is the USPS Helping Trump Rig the Election?
Is the USPS Helping Trump Rig the Election?
Podcast32 min 51 sec
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Investors should maintain exposure to Crude Oil (WTI / BRENT) as intensifying Middle East conflict sustains upward price momentum near $100 a barrel. Broad equities tracked by the Dow Jones Industrial Average (DJIA) face heightened downside risks after tumbling 500 points amid geopolitical shocks. Concurrently, a cooling labor market marked by August's weak 38,000 private-sector jobs gain signals economic deceleration. Investors should adopt a defensive risk management strategy by trimming exposure to energy-sensitive stocks and reallocating toward defensive holdings. Hedging with energy commodities can help offset sustained retail fuel inflation and near-term market volatility.

Detailed Analysis

Crude Oil (WTI / BRENT)

  • Crude oil prices reached $100 a barrel following renewed and intensifying military conflict between the U.S. and Iran.
  • Sustained geopolitical tension in the Middle East continues to keep retail fuel prices elevated, extending beyond initial expectations of a short-term disruption.

Takeaways

  • Geopolitical escalation in oil-producing regions acts as a major catalyst for energy commodity prices, sustaining upward cost pressure across energy-sensitive sectors.

Dow Jones Industrial Average (DJIA)

  • The Dow Jones Industrial Average dropped nearly 500 points in a single session amid escalating geopolitical conflict and weak macroeconomic data.
  • The U.S. private sector added only 38,000 jobs in August, coming in lower than market forecasts and stoking concerns regarding economic momentum alongside rising energy prices.

Takeaways

  • Equities face compounding volatility from geopolitical shocks and signs of a cooling labor market, warranting defensive risk management across broad market exposure.
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Episode Description
Get your ticket for our live show at 92NY: https://www.92ny.org/event/scott-galloway-and-jessica-tarlovJessica Tarlov and Aaron Parnas are back for Raging Perspective, breaking down the week's biggest stories live. Military strikes between the U.S. and Iran have intensified again after a month of relative quiet — and the markets noticed immediately. The Dow closed down nearly 500 points, oil prices climbed back toward $100 a barrel, and the U.S. private sector added just 38,000 jobs in August, well below forecasts. Meanwhile, House Speaker Mike Johnson is being asked about Congress's role in authorizing the use of force — and Army Secretary Dan Driscoll has resigned, in what looks like the latest in a pattern of Vance allies departing as Rubio allies gain ground inside the administration. They also preview what the 2028 field might look like, and ask whether Howard Lutnick is becoming the administration’s favorite fall guy.  House Democrats are threatening consequences for Representatives Jared Golden and Marie Gluesenkamp Perez after both broke with Democratic leadership to help advance a key Republican procedural vote. Hakeem Jeffries has called it a "significant breach of trust" and asked the caucus rules committee to consider stripping them of their committee assignments. Was this justified — or is the party eating its own? A whistleblower disclosure filed through Senator Blumenthal's office reveals that USPS is rushing out a system to implement Trump's mail voting order — and according to the whistleblower, it is "secretive, rushed, chaotic, and fundamentally flawed." The plan requires states to upload lists of mail voters with barcoded ballot envelopes; if USPS scanners find even one mismatch in a batch, the entire batch — potentially tens of thousands of ballots — gets kicked back to the state instead of delivered. Mail-in voting starts this week. A federal judge has frozen the mandatory part of the rule, but the Justice Department is appealing. Is this the administration getting its way even when it loses in court? In Times Square, a knife-wielding suspect killed 32-year-old Erin Piacenti — a Bank of America vice president and lawyer from New Jersey — on what was her first day back at work after maternity leave. The suspect, a 49-year-old woman, was shot and killed by NYPD after graphic video of the confrontation spread widely on social media. Jessica and Aaron break down what we know. And before the audience Q&A: AOC is single and showing up. Jessica and Aaron react. To see Raging Perspective LIVE, and to get ad-free episodes of Raging Moderates and all the other Prof G shows: join ProfG+ on Substack: https://ragingmoderates.profgmedia.com/ Get The Monday Rage newsletter: https://profgmedia.com/s/monday-rage/ Follow Jessica Tarlov on Instagram, Substack, and Bluesky: https://instagram.com/jessicatarlov https://substack.com/@jessietarlov https://bsky.app/profile/jessicatarlov.bsky.social Follow Aaron Parnas on Substack, TikTok, Instagram, and YouTube: https://aaronparnas.substack.com/ https://www.tiktok.com/@aaronparnas1/ https://instagram.com/aaronparnas/ https://www.youtube.com/@aaronparnas1 Follow Raging Moderates on IG, Tiktok, and Facebook: https://www.instagram.com/ragingmoderatespod/ https://www.tiktok.com/@ragingmoderates https://www.facebook.com/ragingmoderates Subscribe to our YouTube Channel: https://www.youtube.com/@RagingModerates Learn more about your ad choices. Visit podcastchoices.com/adchoices
About Raging Moderates with Scott Galloway and Jessica Tarlov
Raging Moderates with Scott Galloway and Jessica Tarlov

Raging Moderates with Scott Galloway and Jessica Tarlov

By Vox Media Podcast Network

We all know elections are won in the middle so why aren't politicians giving the people what they want? Bestselling author, professor and entrepreneur Scott Galloway and political strategist and The Five co-host Jessica Tarlov are here to give those of us who reside somewhere between the center left and the center right their takes on the latest politics all through a centrist lens. New episodes every Wednesday and Friday. Part of the Vox Media Podcast Network.