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Wall Street's Two Midterm Market Calls Are Off to a Strong Start

November 09, 2018
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Wall Street's Two Midterm Market Calls Are Off to a Strong StartThe midterm election went as predicted: the Republicans retained the Senate, while the Democrats gained control of the House of Representatives. TD Securities, Bank of America and Societe Generale proffered the thesis that a split Congress would put the greenback on its back foot, anticipating the likelihood of an enhanced fiscal boost would diminish. Joseph LaVorgna, chief economist for the Americas at Natixis, touted the impressive record of the S&P 500 in the three months and one year following a midterm election.




from Yahoo News - Latest News & Headlines https://yhoo.it/2PKOVVy
via Yahoo News

09Nov2018

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