Why Americans Are So Angry About the Economy

Episode 267 of The Compound and Friends has Josh Brown and Michael Batnick talking with Dan Clifton, partner and head of policy research at Baird Strategas, about the market reaction to the 2026 midterm elections and what the political shakeup could mean for investors. They cover the selloff in Nvidia and AI stocks, whether backlash against data centers could affect the AI buildout, how the election might reshape Big Tech spending, and the historical pattern of stocks rallying after midterms. The episode also takes in oil prices and the Iran war, the Fed and interest rates, strength in healthcare and biotech, drug pricing, and congressional stock trading.

1. The discussion covers the market chaos following the 2026 midterm elections and what the political shakeup means for investors.
2. They discuss the massive selloff in Nvidia and AI stocks and whether backlash against data centers could derail the AI boom.
3. History is cited as suggesting stocks could rally after the midterms.
4. Other topics include oil prices and the Iran war, the Fed and interest rates, healthcare and biotech strength, drug pricing, and congressional stock trading.