Is the post mid-term period a good one for US stocks?

Today, a last minute look at the odds shift in the US mid-term elections and whether we are facing a blue wave or even a "blue tsunami" in favour of the Democrats. We also put the magnifying class to the notion that the US mid-term elections are a good time to put money to work in the US stock market. Elsewhere, we dive into yesterday's wild market internals, the somewhat less wild macro and FX backdrop and much more. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links

• Lawrence Lepard on the Thoughtful Money podcast lays out the basic playbook for the next great intervention and the bullish case for precious metals (youtube.com/watch?v=1e_-_kpSQI4).

• Craig Tindale with his latest long form piece on a supposed US plan to revalue its gold holdings (ctindale.substack.com/p/warsh-and-bessent-are-…) and pass the value bump on to the treasury, a first step in a profound transformation to revalue the Treasury's debt.

• The FT on Donald Trump's imperial presidency facing a popular uprising (ft.com/content/7ee57da7-9687-4ceb-8057-d5afab7…). The writer uses a wonderful metaphor of the embattled US President facing his "Captain Queeg moment" If you don't know the reference, it refers to the wonderful book (and great film with Humphrey Bogart) The Caine Mutiny (en.wikipedia.org/wiki/The_Caine_Mutiny), by Herman Wouk.

• Nate Silver suggests considerable odds of a Blue Tsunami (thehill.com/homenews/campaign/6188866-silver-m…) scenario for the US mid-terms..

• If you are wondering what is going on in Poland (craigmurray.org.uk/archives/2026/11/the-crisis…), here is a piece with a lot of educational background.

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