The Macro Implications of the Blue Tsunami

Skanda Amarnath, executive director of Employ America, joins Odd Lots to discuss the macro implications of the 2026 midterms, which delivered a larger-than-expected Democratic victory including control of Congress and formerly red statehouses like Texas and Iowa. The conversation covers how this political shift will influence the composition of the Federal Open Market Committee amid the ongoing inflation fight, as well as data center construction. The hosts note that markets are already reacting, with Tesla and SpaceX shares tumbling in response to the new political landscape. The episode also takes up Elon Musk's political instincts and what a Democratic majority means for markets, tariffs, and AI.