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Changes in Congressional Composition and Market Risks Following US Midterm Election Results

The Motley Fool +2 · ·by G4L

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  1. 1As of October 29, traders expect a 7% probability of Republicans controlling both the House and the Senate.
  2. 2As of October 29, traders expect a 68% probability of Democrats retaking control of both the House and the Senate.
  3. 3Donald Trump declared that he will veto everything if the Democrats gain control of Congress.

So what's the key point?

The probability of Democrats taking full control of Congress is high at 68 percent. Market risks may arise because Trump has stated he will oppose their actions.

Source The Motley Fool +2 · View original ↗

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