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...
The combination of US President Donald Trump's war of words with the Federal Reserve and apparent de-escalation of his trade war with China lifted US stocks 6% from early-week lows and lopped 10 basis points off 10-year rates. But, as became clear during Medley Advisors' weekly analysts' meeting, these reassurances from Trump and his Treasury Secretary Scott Bessent provided less than met the eye. Even if the US halved its tariffs on imports from China, "you still would be at tariff rates, ...
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...
