The Limits of Trump's "Madman" Iran Strategy
4/23/202631 min
Is this a ceasefire in name only? What does “ceasefire” even mean? After extending the ceasefire with Iran, Donald Trump is threatening “shoot to kill” in the Strait of Hormuz as Iran seizes ships and commercial vessels come under fire. Scott Galloway and Jessica Tarlov break down how close we are to open conflict, what the Secretary of the Navy’s firing means, and what happens if global oil shipments become even more incapacitated. Plus: Scott and Jessica talk about the potential government bailout for Spirit Airlines, discussing how this move would evade corporate bankruptcy laws and amount to cronyism. And, with Tim Cook’s announcement that he will step down as CEO, what comes next for Apple in the Trump era? Follow Jessica Tarlov, @JessicaTarlov Follow Prof G, @profgalloway Follow Raging Moderates, @RagingModeratesPod Subscribe to our YouTube Channel: https://www.youtube.com/@RagingModerates Learn more about your ad choices. Visit podcastchoices.com/adchoices
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First 90 secondsSpeaker 00:00
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Speaker 10:37
This message comes from Betterment. Betterment's Dan Egan talks about tax loss harvesting.
Dan Egan· Soundbite0:45
[gentle music] Tax loss harvesting is a tax management strategy. When you have a position that's gone down over time, we intentionally sell out of it to realize a loss, which we then say to the IRS, "Hey, we lost money." You get to use that to offset your ordinary income every year, decreasing your tax burden.
Speaker 11:02
Investing involves risk, performance not guaranteed. Betterment does not offer tax advice. TLH may not be suitable for all customers. Learn more at betterment.com/tlh-terms.
Speaker 31:10
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