Wall Street discovers Trump's counterweights
Investors are not only buying the possibility of a blocked government, but also a reduction in economic unpredictability.
The US midterm elections have resulted in a Democratic victory in both houses of Congress. This shift in power may bring a welcome change for investors, who have been subject to unpredictable economic decisions made by President Donald Trump. With a divided government, Trump's ability to unilaterally make major economic changes is limited. The impact on the markets is uncertain, and it is unclear whether this change will lead to reduced uncertainty or simply shift conflicts from the White House to Capitol Hill.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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