Thoughtful Money with Adam Taggart · Wednesday, July 1, 2026
Stephanie Pomboy suggests that material economic problems are unlikely before the mid-term elections, but potential issues could arise afterward if oil prices increase. This, combined with existing consumer struggles, could stress the financial system.
“I definitely don't think having not been a problem yet that anything material is going to happen between now and the midterms. The question is if I'm right and oil prices begin to move back up after November. And then you've got consumers who both are struggling to pay their bills and uh, are facing again higher costs of everything that it becomes a stress. Um, and at that point, maybe we begin to see more cracks in the system.”
“So, that, you know, that would be my best guess would be anytime after November.”