Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
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Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
Global markets: "So far, inflation from tariffs has been a phantom"
Medley Advisors
23 minutes
4 months ago
Global markets: "So far, inflation from tariffs has been a phantom"
As the market impact of the Israel-Iran conflict fades, pre-war market themes - dollar weakness, euro strength, and trade uncertainty - have snapped back, fed by reports that the new Federal Reserve's chair will be unveiled well ahead of his or her appointment. At their weekly meeting before news of minor Chinese and EU trade concessions to the US, Medley Advisors analysts discussed these themes. In this edited version of the meeting, the speakers, in order, are: Dan Schwartz, Michael Redmon...
Medley Advisors
Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
