What Midterm Politics Mean for Global Markets

Published on
September 15th, 2022
Duration
35 minutes


What Midterm Politics Mean for Global Markets

The Essential Conversation ·
Featuring Jason Trennert and Ash Bennington

Published on: September 15th, 2022 • Duration: 35 minutes

As if markets needed any more complicating factors in an already volatile year, the U.S. political season is now in the closing stretch to November’s midterm elections. Major campaign trail issues include record-high inflation, a slowing economy, and an increasingly uncertain geo-macro future. Strategas Research Partners’ Jason Trennert, one of Wall Street’s top independent analysts, joins Real Vision’s Ash Bennington to talk about how these issues relate to each other. He also breaks down the structural drivers he believes will keep inflation persistently higher for longer, even as the Federal Reserve is already “highly embarrassed by where inflation is today.” Energy being a key element of this scenario, Jason and Ash assess the impact of higher prices in the U.S. and Europe, respectively. Jason also digs into what recent U.S. polling data suggests about which party will control Congress come January. Recorded on September 7, 2022.