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The worst outcome for U.S. stocks would be a Democratic sweep of the midterms, Wall Street strategists say

Por: MarketWatch Business November 09, 2022

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See: A team of Rabobank analysts led by Senior U.S. Strategist Philip Marey said in a recent note that polls suggest odds of a Democratic sweep are just 15%. Should this outcome materialize, stocks would likely suffer as a federal government dominated by Democrats increases spending, raises taxes and tightens regulation on a wide swath of industries. While worsening inflation would likely push up Treasury yields and hurt U.S. stocks, there’s... + full article



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