Invesco Canada blog

Insights, commentary and investing expertise

The U.S. midterm results are in, but what do they mean for markets?


November 7, 2018
Subject | Invesco | Macro views

Going into yesterday’s U.S. midterm elections, our base case scenario was that Democrats would take the House while Republicans would retain the Senate. That has come to fruition, and has had an initially supportive effect on markets, with U.S. stocks and bonds supported and the dollar weaker. This U.S. market response has in effect eased global financial conditions, supporting other currencies and financial markets in general, including emerging markets.

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