A Market Guide to the Midterms
- Goldman says typical election considerations may not be valid
- Morgan Stanley likes volatility in stocks, developed-market FX
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The U.S. midterm elections are upon us, and the results will have implications for everything from bond yields to equity volatility. Here’s a sampling of what strategists are saying about the outlook for markets.
Republicans adding to their Senate majority would offer an extra layer of protection for Donald Trump’s tax cuts beyond the next presidential cycle in 2020, while a Democratic House and a 50-50 Senate may not, Evercore ISI strategist Terry Haines wrote in a note Tuesday.