Frank McKenna, Deputy Chair at TD Securities and former Premier of New Brunswick and Canadian Ambassador to the United States, discusses geopolitical issues of the day in this monthly series hosted by Peter Haynes, Managing Director at TD Securities.
For relevant disclosures, visit https://www.tdsecurities.com/ca/en/geopolitics-podcast-public
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Frank McKenna, Deputy Chair at TD Securities and former Premier of New Brunswick and Canadian Ambassador to the United States, discusses geopolitical issues of the day in this monthly series hosted by Peter Haynes, Managing Director at TD Securities.
For relevant disclosures, visit https://www.tdsecurities.com/ca/en/geopolitics-podcast-public
Episode 53 is all about elections. Frank first covers the upcoming twin bill of elections on the other side of the Atlantic starring the French and English. The former coming as quite a surprise to the market, and the latter appearing to be a foregone conclusion, with the only item left to decide being the future of the UK Conservative Party which is expected to be obliterated at the polls on July 4. In France, Frank questions President Macron's calculus for calling a surprise summer election. Believing he could be holding together a centrist coalition while being threatened on both flanks, with the right-wing National Rally party occupying first place in polling, and a left-wing coalition also leading the incumbent government. We then move on to discuss two recent important elections. First, Mexico and the success of out-going leader AMLO's hand-picked successor Claudia Sheinbaum, who bucked the global trend of incumbent government disruption in other elections. Then we discuss President Modi's inability to garner a majority victory in India despite having tailwinds, including a powerful social media campaign. Finally, Frank offers his opinion on the importance of the US Presidential debates, and Trump's never-ending Apprentice-like search for his November running mate.
Chapter Headings:
03:08 - Bank of Canada Rate Decision
06:18 - Frank's Hot Button Topics: Elections and Capital Gains
09:21 - Macron's Gambit
15:10 - Starmer's Steamroll in the UK
18:02 - Future of the Conservative Party
22:48 - AMLO's Protégé in Mexico
28:16 - Reining in Modi in India
33:13 - Importance of US Election Debates and Trump Running Mate
This podcast was recorded on June 18, 2024.
Geopolitics with Frank McKenna
Frank McKenna, Deputy Chair at TD Securities and former Premier of New Brunswick and Canadian Ambassador to the United States, discusses geopolitical issues of the day in this monthly series hosted by Peter Haynes, Managing Director at TD Securities.
For relevant disclosures, visit https://www.tdsecurities.com/ca/en/geopolitics-podcast-public