Politics & Policy

The U.S. Election – Postmortem with Chris Krueger and Rona Ambrose

Nov. 13, 2024

Guests: Rona Ambrose, Deputy Chair, TD Securities and Chris Krueger, Managing Director, Washington Research Group, TD Cowen

Host: Peter Haynes, Managing Director and Head of Index and Market Structure Research, TD Securities

In this special edition of Geopolitics, we check in on a post-election panel discussion at the 25th Annual TD Securities Portfolio Management and Market Structure Conference. With Frank Mckenna out of the country, Geopolitics host Peter Haynes is joined by The Honorable Rona Ambrose, Deputy Chairwoman of TD Securities and Chris Krueger, Geopolitics Expert at TD Cowen's The Washington Research Group to discuss the surprising US Election results and its implications for Canada-US relations. Rona also takes time to discuss the political backdrop in Canada, and potential for an election north of the border in the next few months.

Chapters:
1:00	The Outstanding Races – When Will They Be Decided?
4:30	Rona's Biggest Surprise
10:10	The Future of USMCA and Canada's Minerals and Water
15:55	Trump's Potential Cabinet Appointments
23:10	Tariffs, Immigration and Ukraine
29:00	The 411 on Pierre Poilievre
36:40	Key Dates Until Inauguration

This podcast was recorded on November 7, 2024.

Full transcript to come.

Disclaimer

This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by TD Securities, may not be current, and TD Securities has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. The views and opinions expressed in this podcast are not necessarily those of TD Securities and may differ from the views and opinions of other departments or divisions of TD Securities and its affiliates. TD Securities is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. Neither TD Securities nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.

Rona Ambrose

Deputy Chairwoman, TD Securities

Rona Ambrose
Deputy Chairwoman, TD Securities

Biography

The Honourable Rona Ambrose is a dynamic national leader, a champion for the rights of women and girls, the former leader of Canada’s Official Opposition in the House of Commons, and the former leader of the Conservative Party of Canada. Her service includes developing federal policies in military procurement, industrial strategies, health innovation and improvements to sexual assault laws.

Chris Krueger

Managing Director, Washington Research Group - Macro, Trade, Fiscal & Tax Policy Analyst, TD Cowen

Chris Krueger
Managing Director, Washington Research Group - Macro, Trade, Fiscal & Tax Policy Analyst, TD Cowen

Biography

Chris Krueger joined TD Cowen Washington Research Group in August 2016 as the Washington Strategist. Mr. Krueger and the TD Cowen Washington Research Group were recently named #2 in the Institutional Investor Washington Strategy category, where he had been consistently ranked for the past decade along with WRG. Mr. Krueger publishes the DC Download, a must-read daily for Wall Street portfolio managers who want a quick look at the top Washington stories and their impact on the capital markets. Mr. Krueger covers DC macro, fiscal, tax and trade policy.

He held similar positions at Guggenheim Securities, MF Global, Concept Capital, and Potomac Research Group. Earlier he worked for nearly four years on the senior staff of the House of Representatives. He has also worked on several local, state, and federal political campaigns across the country.

Mr. Krueger holds a BA from the University of Vermont and an MA in international relations from King’s College London. He appears frequently on CNBC and Bloomberg and is widely quoted in The Wall Street Journal, FT, Axios, New York Times, Washington Post, and POLITICO. He also speaks regularly at industry events and conferences, including the Milken Institute Global Conference, National Organization of Investment Professionals, and the New York Stock Exchange.

Material prepared by the TD Cowen Washington Research Group is intended as commentary on political, economic, or market conditions and is not intended as a research report as defined by applicable regulation.

Peter Haynes

Managing Director and Head of Index and Market Structure Research, TD Securities

Peter Haynes
Managing Director and Head of Index and Market Structure Research, TD Securities

Biography

Peter joined TD Securities in June 1995 and currently leads our Index and Market Structure research team. He also manages some key institutional relationships across the trading floor and hosts two podcast series: one on market structure and one on geopolitics. He started his career at the Toronto Stock Exchange in its index and derivatives marketing department before moving to Credit Lyonnais in Montreal. Peter is a member of S&P’s U.S., Canadian and Global Index Advisory Panels, and spent four years on the Ontario Securities Commission’s Market Structure Advisory Committee.