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Robert Williams

S&P 500 Futures Rise as Republicans Win Senate Majority

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Bloomberg.....

 

U.S. equity-index futures rose after Republicans won their first Senate majority in eight years, taking control of both chambers of Congress, and data showed companies added more workers than estimated in October

 

I wonder how much the market would have tanked had democrats maintained their control in the senate?

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in general, the stock market likes gridlock. it does better when one party has congress and the other has the executive branch.

 

the stock market also dislikes uncertainty. with the election results in, this uncertainty is lifted.

 

the stock market does not like recessions. i think we're headed into one. watch out.

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