Tag Archives: midterm

Boy did the Republicans blow it. In midterm elections, on average, the president’s party loses 28 seats in the House of Representatives and four Senate seats. In addition to that snapback trend, Republicans were running against an unpopular president trying to explain away high inflation to cynical voters who largely think the country is going down the tubes. It should have been a Republican rout. It wasn’t. Democrats will keep control of the Senate and could even pick up one seat…. Source link

By Rodrigo Campos and Ira Iosebashvili (Reuters) – A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected. Democrats held onto control of the U.S. Senate, extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Republicans remain close to seizing control of the House of Representatives as officials continued counting ballots, with results expected… Source link

Don’t expect a big move in the markets following the much-awaited conclusion of the midterm elections, Wall Street pros contend. “We actually think politics is going to have a somewhat minimal impact on the markets,” Emily Roland, co-chief investment strategist at John Hancock Investment Management, said on Yahoo Finance Live (video above). Wells Fargo strategist Chris Harvey echoed Roland’s sentiments in a recent note to clients: “Post-election, we would expect a small lift in the equity… Source link

ARK Invest founder and CEO Cathie Wood thinks many of the market’s woes may be alleviated if Republicans win control of at least one chamber of Congress this midterm cycle. The famed fund manager, whose speculative technology-focused funds have been battered by restrictive central bank policies, said in a webcast Tuesday that a Republican sweep of the House may usher in more welcome fiscal decision-making. “I don’t think it will be because of the Republicans getting into office,” she… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 7, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. If you thought the rip-roaring start to the fourth quarter for markets was high drama, you better buckle up for Election Day on Nov. 8. Democrats could lose their majority in Congress,… Source link

History shows the stock market loves the period after the midterm elections — but that might not be the case in the wake of this year’s Nov. 8 election. “A lot of things will drive the stock market,” Gargi Chaudhuri, head of iShares investment strategy at BlackRock Americas, said on Yahoo Finance Live. “I don’t want to base it entirely upon the Fed and elections only. … But all else equal, if you are just giving me a hawkish Fed and a divided government, I think it is just going to be… Source link

Google and its video sharing app YouTube outlined plans for handling the 2022 U.S. midterm elections this week, highlighting tools at its disposal to limit the effort to limit the spread of political misinformation. When users search for election content on either Google or YouTube, recommendation systems are in place to highlight journalism or video content from authoritative national and local news sources such as The Wall Street Journal, Univision, PBS NewsHour… Source link

(Bloomberg) — Whatever else is on Americans’ minds — and that’s a long list right now — the state of the economy looms large in any US election. That spells big trouble for Democrats in November’s midterm vote. Most Read from Bloomberg A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes — the misery index, calculated by adding up the inflation and unemployment rates — and projects it forward through election day. The result: Based on past… Source link

The richest Americans are quickly coming off of the sidelines as the 2022 midterm elections heat up, according to newly released filings from the Federal Election Commission. An analysis by Yahoo Finance of the data running through March 31 finds that super PACs (Political Action Committees) have received over 30 checks so far this year of at least $1 million each. And Blackstone CEO Stephen Schwarzman and Oracle co-founder Larry Ellison each gave eight-figure donations to Republican… Source link