Trump’s War Is Worse Than the Market Thinks (w/ Jeffrey Goldberg & Joe Weisenthal) | Bulwark Podcast

A war of choice may evolve into a war of necessity because the brains at the White House apparently did not anticipate that Iran—in response to the bombing campaign—would shut down the Strait of Hormuz, which the global economy depends on being open. It's also not a good look for the U.S. to be got by a power like Iran because China is watching. Plus, how the war is impacting the supply chain, the markets may be underpricing oil because traders keep banking on Trump to do his usual TACO, and Israel acting like an illiberal Middle Eastern regime is creating a disconnect with American Jews. Jeffrey Goldberg and Joe Weisenthal join Tim Miller. Go to https://zbiotics.com/THEBULWARK to learn more and get 15% off your first order when you use THEBULWARK at checkout. Our listeners Get 20% off your DeleteMe plan when you go to join https://deleteme.com/BULWARK and use promo code BULWARK at checkout Show Notes: Catch Tim's Tuesday livestream at 8:30pm ET: https://www.youtube.com/@UCG4Hp1KbGw4e02N7FpPXDgQ Jeff on Signalgate and Hegseth one year later: https://www.theatlantic.com/magazine/2026/04/signalgate-consequences-national-security/686056/?gift=AO0MhSsTDaHgiP_RxFGfB-EqBicPyMWf8EN75U3KTMo&utm_source=copy-link&utm_medium=social&utm_campaign=share The Atlantic's McKay Coppins on the America's sports betting boom: https://www.theatlantic.com/magazine/2026/04/signalgate-consequences-national-security/686056/?gift=AO0MhSsTDaHgiP_RxFGfB-EqBicPyMWf8EN75U3KTMo&utm_source=copy-link&utm_medium=social&utm_campaign=share The "Odd Lots" podcast: https://podcasts.apple.com/us/podcast/odd-lots/id1056200096 Chapters: 00:00:30 Hungary Politics And Orbán 00:01:09 Signal Chat Scandal And Hegseth 00:07:44 Pentagon Press Crackdown 00:16:30 Ad Break Zbiotics 00:18:30 War Strategy And Military Competence 00:27:15 Israel Politics And Middle East 00:31:05 Ad Break DeleteMe 00:33:30 Joe Weisenthal Interview Begins 00:37:20 Oil Prices And Global Impact 00:50:00 Trump And Market Volatility 00:57:01 Markets And Safe Havens 01:00:45 Dollar Strength And Global Economy Become a Bulwark Youtube Plus Member here - https://www.youtube.com/channel/UCG4Hp1KbGw4e02N7FpPXDgQ/join