Biden's Prospects, Israel's Fourth Election, and the Five Eyes Alliance

In this latest issue of my weekly podcast, we discuss the future of Biden's agenda. Last week, the White House officially unveiled its $2T infrastructure package. The plan is popular among the public, and due to reconciliation, it only needs 50 votes to pass the Senate. Biden will also try to pass a minimum wage increase, a voting rights bill, and immigration reform. But these bills can't be passed through reconciliation and will need 60 votes to bypass the filibuster. While their chances of success are slim at best, Biden may take the most popular bill--a higher minimum wage, properly tailored to meet the objections of Senator Joe Manchin--and throw it in the face of Majority Leader Mitch McConnell just in time for the 2022 elections.  Retailers scramble over human rights. After Nike and H&M criticized China's internment of Uyghurs, the Chinese government rallied boycotts against the two brands. Other companies have now taken softer stances on human rights to try and appease the Communist Party. Though there is also the risk Western consumers will punish brands that don't take a definitive pro-Uyghur stance. Much of this drama will play out over sponsorship deals in the 2022 China Winter Olympics. Netanyahu tries to form a new government. In the fourth consecutive election, there is still no clear coalition government. Netanyahu, now on trial, has been given the first chance at forming a government. Most analysts suspect the country is headed for a fifth election. Americans grow cold on China. Fully 89% of Americans now consider China a competitor or an enemy rather than a partner. The negative sentiment is higher among Republicans than Democrats, but negative perceptions have risen equally among both groups since 2018.**********The content featured here is a small part of Hedgeye’s Demography Unplugged, a game-changing market intelligence product brought to you by historian, demographer and best-selling author Neil Howe. Visit us to find out more and subscribe.

Om Podcasten

Exciting news for all listeners: Neil Howe's podcast is undergoing an exciting transformation and emerging with a brand-new name—"Trend Watch". From now on, all upcoming episodes will be exclusively available in full on Substack. But that's not all—Neil's new Substack newsletter launching August 21, 2023, will feature thought-provoking insights on demographic, economic, and generational trends. Stay informed, stay engaged, and stay ahead of the trends! Visit: www.demographyunplugged.com to subscribe. Neil Howe’s podcast is designed to help savvy investors and business leaders uncover hidden trends and critical developments driving world markets and economies. It’s like peering into the future. Discover the likely winners (and losers) of “big ideas” as renowned demographer Neil Howe – the guy who coined the term “Millennial” – distills game-changing new developments down to their essence.Neil Howe is an acclaimed historian, economist, and demographer and the bestselling author (with William Strauss) of The Fourth Turning, the New York Times Bestselling follow-up book, The Fourth Turning is Here, as well as over a dozen books on demographic and social change. The nation’s leading thinker on today’s generations—who they are, what motivates them, and how they will shape America’s future—Howe is Managing Director of Demography at Hedgeye Risk Management, an independent financial research firm, as well as President of LifeCourse Associates, which serves hundreds of corporate, nonprofit, and government clients.