Abandon Ship!

Abandon Ship! Topics: midterm elections, Spring thaw in US economic data, Strait of Hormuz oil rationing timeline, AI and data center update, Gulf State pipe dream, Congressional redistricting and Mythos update Summary: Despite improving US leading indicators and economic/stock market resilience, GOP House members are abandoning ship at a record pace. The midterm challenges for the GOP include declining blue-collar employment, soaring ACA premiums, a surge in commodity prices, rising inflation expectations and some unorthodox choices at the Department of Justice. Watch the video

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Abandon Ship! is an episode from J.P. Morgan Eye on the Market by Michael Cembalest.

This episode is 30:43 long.

This episode was published on May 4, 2026.

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