Democratic Socialists Hit Wisconsin Wall | Radio Balance of Power: Early Edition 8/12/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the primary results across the US Tuesday night. On today’s show, Republican Congressman Bryan Steil of Wisconsin, Stonecourt Capital Partner Rick Davis, Rebelle Communications CEO Laura Fink and Arbroath Group Managing Partner Christopher Smart.

Chapters
00:00:00 Balance of Power: Early Edition
00:01:23 Wisconsin Primary Results & Midterm Politics
00:01:59 Markets, Oil & AI Stocks
00:04:25 Trump Doubles Down on Strait of Hormuz Control
00:05:40 White House on Iran, Shipping & Escalation Risks
00:07:18 Inflation, Consumer Prices & Potential Tax Relief
00:09:19 Rep. Bryan Steil on Tax Relief & Wisconsin
00:10:50 Wisconsin Governor Race: Crowley vs. Tiffany
00:14:32 Congress, the CLARITY Act & Digital Assets
00:16:12 Congressional Stock Trading Ban
00:17:12 Air Force One Security & Reported Iran Threat
00:19:02 Markets Rally After Inflation Data
00:20:55 Prediction Markets Miss the Wisconsin Primary
00:22:11 Political Panel Breaks Down Primary Night
00:24:45 Francesca Hong’s Narrow Wisconsin Loss
00:26:06 Peggy Flanagan’s Minnesota Victory
00:27:25 South Carolina Runoff & Trump’s Endorsement
00:29:56 Anti-Incumbency & Generational Change
00:32:36 Markets, Bonds & Oil
00:34:30 CPI, Inflation & the Federal Reserve
00:35:18 Christopher Smart on Inflation & the Fed
00:38:11 Could the Strait of Hormuz Standoff Last?
00:40:02 The K-Shaped Economy & Midterm Politics
00:42:22 AI Investment, Data Centers & Bubble Risks
00:43:35 The U.S.-China AI Race
00:45:35 U.S.-Japan Intervention to Support the Yen
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Shin JohnYtv Market News

Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.