Transcript
Introduction
Eric
My guest this week is Sam Rines, the macro strategist at WisdomTree. Sam was the first guest on Making Markets one year ago, where a lot of his takes proved to be highly accurate. So we decided to record part two one week before the election.
We start with his base case for the election, the potential scenarios, and what has and hasn't been priced in. We then move on to a wider discussion on the economy, including the Fed, the strength of the U.S. consumer, and Sam's portfolio positioning. Please enjoy this conversation with Sam Rines.
Election Scenarios and Market Implications
Eric
Sam, I'm excited to have you back on the podcast. We are a week away from the U.S. election. It's all anyone wants to talk about. I thought a fun place to start with you has been we've had a lot of big names on the tape talking about the market says Trump's gonna win, the yield curve is going to steepen, we're headed to a recession.