Trump’s Iran Crisis Just Took a Dangerous Turn as Markets Brace for Impact
6/11/202642 min
In the wake of Game 4 of the NBA Finals, which saw the New York Knicks mount the largest comeback in Finals history to win the game, Jessica Tarlov gives Scott Galloway an update on Knicks fever from the streets of New York City. Then, Scott and Jessica talk about how the fragile ceasefire between the U.S. and Iran is showing signs of collapse after yet another round of attacks. President Trump is now threatening to hit Iran “VERY HARD TONIGHT.” At the same time, Americans are feeling the economic impact at home. Inflation rose 4.2% in May — the highest monthly increase in three years — and that’s on top of gas prices and summer travel costs surging as the Iran conflict drags on. Scott and Jessica also discuss what is poised to be the biggest IPO in history as SpaceX prepares to go public — potentially creating thousands of new millionaires overnight. But is this IPO actually just a way to leave retail investors holding the bag? Plus: Bill Gates testifies about Jeffrey Epstein before Congress — but behind closed doors — as new reporting reveals the panic over the Epstein files release inside Trump’s White House, and the pressures the administration felt from the MAGA base. The Trump administration also proposes new restrictions tied to mail-in voting and the U.S. Postal Service, setting up another massive legal and political fight ahead of the midterms. Finally, they discuss the World Cup — which begins this week at venues across North America, including in the U.S., where tensions have already arisen between the many international visitors to the country, and the Trump administration’s hardline approach to foreigners. Will the U.S. do a worse job than Russia did? KNICKS IN FIVE! For ad-free episodes, exclusive livestreams, and to connect with Scott, Jessica, and the Raging Moderates community, join us at ProfG+ on Substack: https://ragingmoderates.profgmedia.com/ Get The Monday Rage newsletter: https://profgmedia.com/s/monday-rage/ Follow Raging Moderates on IG, Tiktok, and Facebook: https://www.instagram.com/ragingmoderatespod/ https://www.tiktok.com/@ragingmoderates https://www.facebook.com/ragingmoderates Follow Jessica Tarlov on Instagram, Substack, and Bluesky: https://instagram.com/jessicatarlov https://substack.com/@jessietarlov https://bsky.app/profile/jessicatarlov.bsky.social Follow Scott on Instagram, Substack, and Bluesky: https://instagram.com/profgalloway https://substack.com/@profgalloway https://bsky.app/profile/profgalloway.com 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 10:00
Support for this show comes from Odoo. Running a business is hard enough, so why make it harder with a dozen different apps that don't talk to each other? Introducing Odoo. It's the only business software you'll ever need. It's an all-in-one, fully integrated platform that makes your work easier. CRM, accounting, inventory, e-commerce, and more. And the best part? Odoo replaces multiple expensive platforms for a fraction of the cost. That's why over thousands of businesses have made the switch. So why not you? Try Odoo for free at odoo.com. That's O-D-O-O.com. Support for this show comes from Odoo. Running a business is hard enough, so why make it harder with a dozen different apps that don't talk to each other? Introducing Odoo. It's the only business software you'll ever need. It's an all-in-one, fully integrated platform that makes your work easier. CRM, accounting, inventory, e-commerce, and more. And the best part? Odoo replaces multiple expensive platforms for a fraction of the cost. That's why over thousands of businesses have made the switch. So why not you? Try Odoo for free at odoo.com. That's O-D-O-O.com.
Jessica Tarlov· Host1:18
Support for this show comes from Fetch Pet Insurance. Do you have a pet? Every six seconds, a pet owner in the US gets hit