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 apply mildly restrictive policy? Could tariffs be under threat? Will foreign governments cowed by nine months of US unilateralism, start to smell weakness?These questions were raised at the Medley Advisors weekly analysts' meeting. In this edited podcast of the meeting, the speakers, in order, are Fernando Posadas, Michael Redmond, Mario Lima, Brian Jackson, Tim Jones, Dan Schwartz and Pepijn Bergsen."This administration bases a huge amount of their foreign policy on the ability to put tariffs in place," says Brian Jackson. "They have plenty of other powersready to go if they lose IEEPA specifically".

Ver todos los episodios