Abandon Ship!

Abandon Ship!

From Eye On The Market by Michael Cembalest

May 4, 2026 · 31 min · Episode 92

About this episode

The episode discusses the challenges facing the GOP amid improving economic indicators and political dynamics.

Abandon Ship! Topics: midterm elections, Spring thaw in US economic data, Strait of Hormuz oil rationing timeline, AI and data center update, Gulf State pipe dream, Congressional redistricting and Mythos update Summary: Despite improving US leading indicators and economic/stock market resilience, GOP House members are abandoning ship at a record pace. The midterm challenges for the GOP include declining blue-collar employment, soaring ACA premiums, a surge in commodity prices, rising inflation expectations and some unorthodox choices at the Department of Justice. Watch the video

People in this episode

Host: Michael Cembalest

Topics covered

  • midterm elections
  • US economic data
  • oil rationing
  • AI and data centers
  • Congressional redistricting
  • inflation

Keywords

  • midterm elections
  • GOP
  • economic data
  • oil rationing
  • AI
  • inflation
  • Congressional redistricting

Mentioned in this episode

Organizations: Department of Justice, GOP

Places: US, Strait of Hormuz

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