Best’s remark seems to be laying the groundwork for Trump and the Republicans to lose the midterm elections!
If Trump loses the midterms and the Democrats gain control of both the House and Senate, that wouldn’t necessarily be directly negative for risk assets. In fact, historically, losing Congress in the midterms has tended to make U.S. stocks stronger.
There is, however, one exceptional scenario to watch out for: the Democrats win control of both chambers of Congress, but Trump refuses to cooperate and relinquish power, sparking major domestic disputes over fiscal policy. This would directly affect bond-market pricing and disrupt financial markets!#美国比特币ETF净流入5.27亿美元
If Trump loses the midterms and the Democrats gain control of both the House and Senate, that wouldn’t necessarily be directly negative for risk assets. In fact, historically, losing Congress in the midterms has tended to make U.S. stocks stronger.
There is, however, one exceptional scenario to watch out for: the Democrats win control of both chambers of Congress, but Trump refuses to cooperate and relinquish power, sparking major domestic disputes over fiscal policy. This would directly affect bond-market pricing and disrupt financial markets!#美国比特币ETF净流入5.27亿美元