$BTC Bank of America warns that U.S. stocks could face a correction of more than 10% if Democrats sweep Congress next month. According to MarketWatch, Michael Hartnett, Bank of America’s chief equity strategist, warned that if Democrats sweep both chambers of Congress in next month’s midterm elections, U.S. stocks could face a correction of more than 10%, while the dollar and U.S. Treasury yields could fall in tandem. Prediction market data cited in the report show the odds of a Democratic sweep have risen to 64%, up from less than 50% a month ago.