Foreign policy is a local issue in U.S. midterm campaigns

The US midterm campaigns are seeing a shift in focus, with foreign policy becoming a key issue for voters. This change in emphasis is largely driven by concerns about the economy, which has been a major factor in the growing dissatisfaction with Trump's policies among Republicans. As a result, the economy is likely to play a significant role in the upcoming elections, potentially impacting the performance of the S&P 500 and other US indices.

Why it matters

The shift in Republican views on Trump's policies may influence voter decisions in the midterm elections. However, its direct impact on the US economy and markets is unclear, as it is a sentiment shift rather than a policy change.

Market impact

Markets & countries in focus

Transmission channels

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