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Wall Street descubre los contrapesos de Trump

Los inversores no compran solamente la posibilidad de un Gobierno bloqueado, sino una reducción de la imprevisibilidad económica

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Wall Street descubre los contrapesos de Trump

Wall Street has discovered the counterweights to Trump's policies, a paradox that financial markets are well acquainted with. A presidential electoral defeat can turn into good news for investors. The Democratic victory in both chambers of Congress during the midterm elections does not signal the end of President Trump's economic policy, but it does introduce something that Wall Street has been longing for: counterweights.

After two years of White House decisions on trade, fiscal, and geopolitical matters shaping asset prices, the United States enters a new phase. This phase may not necessarily bring greater stability, but it does mean less presidential freedom to unilaterally transform the economy. The question is whether this change will reduce uncertainty or simply shift conflicts from the White House to Capitol Hill.

Written by urgent.news from El Pais Economia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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