What does the Blue Tsunami mean for inflation?
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
Macquarie’s Thierry Wizman on deflation, hyperscalers’ over-investment, and post-election market blues
Directly affected
- No company is named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “hyperscaler” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-5.7% 13d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “hyperscaler” (AI and big tech) in this story.
- TIP iShares TIPS Bond ETF-0.3% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- MSFT Microsoft+4.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “hyperscaler” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “hyperscaler” (AI and big tech) in this story.
- AMZN Amazon.com+5.3% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “hyperscaler” (AI and big tech) in this story.
- META Meta Platforms-14.7% 30d
Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “hyperscaler” (AI and big tech) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| QQQ | +3.80% | +5.39% | base | +3.80% | after close | after close | after close |
| AIQ | +3.81% | +5.20% | base | +3.27% | after close | after close | after close |
| TIP | +0.09% | -0.20% | base | -0.25% | after close | after close | after close |
| MSFT | -4.44% | +4.80% | base | +3.24% | after close | after close | after close |
| GOOGL | -1.99% | +1.50% | base | +1.20% | after close | after close | after close |
| AMZN | -5.28% | +2.58% | base | +2.88% | after close | after close | after close |
| META | -0.57% | +3.24% | base | +5.11% | after close | after close | after close |
| WMT | +1.78% | +2.99% | base | +0.11% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
What does the Blue Tsunami mean for inflation? Semafor
Source: Semafor
How far Ishares Tr (TIP) has moved since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| AIQ | that day | +3.27% | final price |
| AIQ | three days earlier | +5.20% | final price |
| AIQ | five days earlier | +3.81% | final price |
| AMZN | that day | +2.88% | final price |
| AMZN | three days earlier | +2.58% | final price |
| AMZN | five days earlier | -5.28% | final price |
| GOOGL | that day | +1.20% | final price |
| GOOGL | three days earlier | +1.50% | final price |
| GOOGL | five days earlier | -1.99% | final price |
| META | that day | +5.11% | final price |
| META | three days earlier | +3.24% | final price |
| META | five days earlier | -0.57% | final price |
| MSFT | that day | +3.24% | final price |
| MSFT | three days earlier | +4.80% | final price |
| MSFT | five days earlier | -4.44% | final price |
| QQQ | that day | +3.80% | final price |
| QQQ | three days earlier | +5.39% | final price |
| QQQ | five days earlier | +3.80% | final price |
| Ishares Tr (TIP) | that day | -0.25% | final price |
| Ishares Tr (TIP) | three days earlier | -0.20% | final price |
| Ishares Tr (TIP) | five days earlier | +0.09% | final price |
| Walmart (WMT) | that day | +0.11% | final price |
| Walmart (WMT) | three days earlier | +2.99% | final price |
| Walmart (WMT) | five days earlier | +1.78% | final price |
Congressional trades in the stocks in this story
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 19 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 25 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 38 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 56 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 66 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 74 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 13 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 38 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 73 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Shelley M Capito sold Meta Platforms (META) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 19 days before publication. Filed 4 Nov 2026. View the filing.
- Rep. Maria Elvira Salazar sold Meta Platforms (META), worth $1,001 - $15,000 on 24 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Meta Platforms (META) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Tr (TIP)
Companies tied to this story
- TIP Ishares Tr
In “What does the Blue Tsunami mean for inflation?,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- XLP Select Sector Spdr Tr
Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “What does the Blue Tsunami mean for inflation?.” Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- WMT Walmart
In “What does the Blue Tsunami mean for inflation?,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- COST Costco Wholesale
For “What does the Blue Tsunami mean for inflation?,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- PG Procter & Gamble
In “What does the Blue Tsunami mean for inflation?,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- KO Coca Cola
In “What does the Blue Tsunami mean for inflation?,” Coca Cola (KO) is linked, with no stored direction, medium confidence. Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
How “What does the Blue Tsunami mean for inflation?” reaches Ishares Tr (TIP)
“What does the Blue Tsunami mean for inflation?” (9 Nov 2026) reaches Ishares Tr (TIP) through this story.
For Ishares Tr (TIP), the reason on file says iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
A second company, Select Sector Spdr Tr (XLP), is listed for a different reason: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
The price range for Ishares Tr (TIP), and the dates in the story
TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.
A simple score for Ishares Tr (TIP)
46 out of 100
“What does the Blue Tsunami mean for inflation?” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.