Don't See Much Bi-Partisanship in Next Two Years, Says IMA Asia's Michelson

The transcript discusses the political tensions between Democrats and Republicans, focusing on potential investigations and the likelihood of bipartisanship. It highlights areas like infrastructure and healthcare where cooperation might occur, despite evident divisions. The economic implications of political gridlock are considered, with some suggesting it could benefit financial markets. The discussion also covers the Democratic agenda following their House win, emphasizing investigations and the 2020 elections. Trade, particularly the renegotiated NAFTA agreement and US-China relations, is identified as a potential area for bipartisan cooperation.

What are the two main areas where Democrats and Republicans might find common ground?

• Taxation and Immigration

• Education and Defense

• Environment and Technology

• Healthcare and Infrastructure

How might political gridlock be perceived in terms of financial markets?

• It has no impact on financial markets.

• It leads to increased market volatility.

• It can be beneficial as it prevents drastic changes.

• It is always detrimental to financial stability.

What is a potential area of bipartisanship mentioned in the second section?

• Defense

• Trade

• Healthcare

• Education

What is one of the main focuses for Democrats after regaining the House?

• Reducing taxes

• Investigating the President

• Improving education

• Increasing military spending

What challenge is highlighted regarding passing domestic legislation?

• International pressure

• Lack of public support

• A divided Congress

• Insufficient funding