Markets shrug off U.S. capture of Maduro

Marketplace

American Public Media

News, Business

4.6 • 8K Ratings

🗓️ 5 January 2026

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Disruptive geopolitical events often push investors to jump into bonds or sell off stocks temporarily. But when the U.S. military captured Venezuelan leader Nicolás Maduro and President Trump declared control over the oil-rich nation, neither of those happened. In this episode, markets are largely unmoved by Trump’s military intervention. Plus: Experts say jobs data is most important for predicting where the economy is headed, and Landon Derentz at the Atlantic Council Global Energy Center gives context to Venezuela’s oil infrastructure.

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Transcript

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0:00.0	This Marketplace podcast is supported by Fayree Drinker, one of the largest law firms in Minnesota,
0:06.4	with nearly 300 Minneapolis attorneys helping clients solve complex legal issues in meeting their goals in the Twin Cities and beyond,
0:15.2	Faygreedrinker.com.
0:18.0	My place in tech changes every day, but I don't fear the future because I'm with the leader,
0:24.5	plural site. Their online learning platform has the hands-on expert-led courses I need to master
0:31.2	new tech skills and create bigger impacts. So I can learn quickly and stay ahead. With plural sitealsight, I don't fear what's next. I embrace it.
0:42.8	Tap in at Pluralsight.com and see for yourself.
0:48.9	And what do you suppose the economy makes of the past 72 hours?
0:55.8	From American public media, this is Marketplace.
1:04.9	In Los Angeles, I'm Kai Rizdahl. It is Monday. Today, this one is the 5th of January. Good as always to have you along, everybody. If you didn't know what had happened over the weekend, a scroll through your favorite business sites or a glance at a stock ticker, would not in any way, shape, or form have given you a clue,
1:29.6	which on the one hand, really?
1:33.3	But on the other hand, I get it, there's still a lot of unknown unknowns out there.
1:39.9	Marketplaces are pretty Benishore sorts us out with the market vibe right now.
1:44.7	You might have thought markets would do something?
1:49.6	You know, we are talking about the U.S. invading another sovereign state and seizing its leader.
1:54.3	This is a significant geopolitical event.
1:57.4	Bradley Saunders is a North America economist at Capital Economics.
2:00.7	But no, markets do not care.com.
2:04.5	Not really. Sometimes when the world gets especially crazy, investors jump into bonds. They didn't.
2:10.6	Or sell off a bunch of stocks temporarily. They didn't. Even the price of oil barely flinched, which Kyle
2:17.3	get to in a sec. And part of the reason is the world is already plenty crazy.
2:23.6	You have the AI build out, which is seismic, and then you've got this complete, you know, restructuring of the world trading order.
	...

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