👥 Economic Implications of the US Election ⟲ Nov 11, 2024

What's next after Bidenomics?

Washington Post staff illustration; photos by Demetrius Freeman and Jabin Botsford

65 minutes ∙ 20 registrants
⮑ Ended MON NOV 11, 2024 5:05 PM CDT (Chicago)

🚫 This informal discussion was off the record, but for those who could not attend, we created a summary of key points.

On Nov 11, 2024 we held a panel discussion with econVue contributors, subscribers, and members of the Chicago Financial Forum (CFF). My co-host for this event was Michael Lewis, economist at Free Market Inc, and co-founder of the CFF. We were joined by econVue contributors internationally for a lively and informative dialogue.

Many had been surprised by Donald Trump’s decisive election victory the previous week, on Nov 5th. The outcome seems to reflect a broader trend: for the first time in 120 years, all incumbents in major elections worldwide have been defeated—except India’s Narendra Modi. As the global economy continues to emerge from the effects of the pandemic, it is clear that voters are demanding change. What will this mean for monetary policy, fiscal spending, and markets?

We explored the potential economic implications of President Trump's reelection, covering topics like inflation, Ai’s impact on labor, immigration, and geopolitics in the Middle East, China and Taiwan, and Ukraine. The discussion included potential cabinet-level appointments, Elon Musk’s influence in the new administration, and the recent surge in cryptocurrency valuations.

Key takeaways

Leadership changes have network effects. New relationships can create fresh opportunities—or introduce new risks. While domestic divisions persist in many countries, technology is advancing regardless, with unknown consequences for labor, social mobility, and markets. In the coming weeks and months, and we will watch for clues about the future, and continue these conversations to harness collective wisdom.

Thank you to our panel and our audience, whose thoughtful, off-the-record contributions are always deeply appreciated. And a special thanks to guest panelist, Robert Madsen, Senior Economist at Hale Strategic.

–𝓁𝓎𝓇𝒾𝒸

Editor-in-Chief & Moderator

Lyric Hughes Hale

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👥 Panelists

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^📍Chicago

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^📍Chicago

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^📍Chicago

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^{📍San Francisco}

◻ Discussed on this Panel