MacroVoices #511 Robert Kahn: Geopolitical Outlook For 2026

In this episode of Macro Voices, Erik Townsend interviews Robert Kahn, Managing Director of Global Macro for Eurasia Group, about the evolving geopolitical landscape and its impact on global macroeconomics. They discuss the role of tariffs, the rise of industrial policy, and the potential impact of midterm elections on affordability and government intervention in markets. The conversation extends to the appointment of the next Federal Reserve Chairman and the implications for monetary policy, the Russia-Ukraine conflict and its effects on US-Europe relations, and the complex relationship between the US and China, including trade dependencies and geopolitical tensions. The episode concludes with insights on investment strategies considering these geopolitical factors and a discussion of Eurasia Group's upcoming top risks outlook. Additionally, Patrick Ceresna joins Erik in the postgame to discuss the Macro Scoreboard, trade of the week, and provide commentary on equity markets, the dollar, oil, gold, and uranium.