Trump’s Midterm BLAME GAME Begins — Canada in the Crosshairs
Trump’s Midterm BLAME GAME Begins — Canada in the Crosshairs
Podcast33 min 30 sec
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Treat the Venezuelan oil deal as a potential crude-supply theme to monitor, not a trade: no companies, deal terms, or price targets were provided. Avoid investing based on claims that the deal will lower pump prices, which remain unverified. Watch U.S.–Canada trade policy for potential cross-border business impacts, but the discussion identifies no clear stock or actionable position.

Detailed Analysis

Oil and Energy (Venezuelan Crude and U.S. Production)

  • At a Texas rally, Donald Trump and Marco Rubio promoted a Venezuelan oil deal beside a tanker carrying Venezuelan crude.
  • Ken Paxton said the country was “making a fortune” from oil, naming Texas, Louisiana, and Alaska as sources, and predicted that prices at the pump would come down.
  • The comments were campaign rhetoric; the transcript gives no details about the deal’s terms, the companies involved, or its expected effect on oil supply or prices.

Takeaways

  • The discussion points to a potentially supportive theme for oil production and crude supply, but it does not provide enough information to assess a particular company or investment.
  • Treat the prediction of lower pump prices as an unverified claim, not a price forecast. The transcript offers no specific stocks, price targets, or investment recommendations.

North American Trade Policy

  • The hosts described Trump as the main supporter of the trade war and discussed a warning that Canada could face political “blowback” if Republicans lose key Senate races in Michigan and Maine.
  • The discussion reflects uncertainty around U.S.–Canada relations, but it does not identify affected companies or quantify potential economic impacts.

Takeaways

  • Trade-policy uncertainty is a theme to monitor for businesses with exposure to cross-border commerce, particularly in Canada and the United States.
  • The transcript does not support a specific investment position or identify a clear beneficiary or loser.
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Episode Description
With Election Day less than a week away, Jessica Tarlov and Aaron Parnas talk through the political stakes and the shifting electoral landscape. Trump is hitting the campaign trail in Texas, South Carolina, and Mississippi to shore up vulnerable Republicans in traditionally deep-red territory, as new polling suggests Senate races that the GOP once considered safe may wind up much more competitive. As the administration looks for ways to frame the midterms, questions of political accountability are surfacing at home and abroad. Trump’s ambassador to Canada delivered a warning to Ottawa’s leaders about what might happen if the Republicans lose tight Senate races in Michigan and Minnesota.  Aaron and Jessica also talk about the decision by Trump to grant a U.S. visa to recently-defeated Brazilian presidential candidate Flávio Bolsonaro — son of the imprisoned former president Jair Bolsonaro — and also talk about the donor network linked to the Bolsonaros that’s also connected to… Vice President JD Vance.  Meanwhile, AOC is on the campaign trail in Florida, challenging the GOP’s efforts to brand Democrats as communists while supporting Democratic senate candidate Angie Nixon — whose race in the state is tightening. In Israel, while votes are still being counted, Prime Minister Benjamin Netanyahu faces an uncertain path to retaining power, as both he and challenger Gadi Eisenkot both sounded triumphant in post-election speeches.  The family of Alex Pretti continues to demand answers from federal officials, months after ICE agents shot and killed the 37-year-old ICU nurse on the streets of Minneapolis in January. Jessica Tarlov and Aaron Parnas examine what this all means for the limits of Trump’s influence and the choices facing voters. Plus, they take listener questions about the Alaska senate race… and Halloween costumes. 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.