What does the Venezuela fallout mean for Canada, oil markets and for investors trying to stay ahead of the noise? On this episode of In the Money with Amber Kanwar, we tackle the geopolitical shock head-on — and separate real risk from market overreaction. Amber begins with veteran investor Frances Horodelski, setting the scene on Venezuela’s sudden return to the global spotlight. From supply/demand fears to trade dynamics, central banks, and Canada’s bargaining position, Frances explains why some headlines matter — and why others fade faster than investors expect. Then it’s time to put theory into practice. Cole Smead of Smead Capital Management joins Amber to break down what the Venezuela fallout actually means for portfolios today. Are Canadian energy stocks suddenly broken? Is this a reason to rotate into U.S. producers? Or is this another moment where fear creates opportunity for disciplined investors?
