Investors face unclear outcome in midterms, with questions over spending, regulation

Posted on AllSides November 9th, 2022
From The Center
REUTERS/Brendan McDermid

Investors were weighing a less clear outcome in the U.S. midterm elections on Wednesday, with Democrats doing better than expected, making questions about fiscal spending and regulation more ambiguous.

Control of Congress was still up for grabs early on Wednesday with many of the most competitive races uncalled, leaving it unclear whether Republicans would crack Democrats' tenuous hold on power. The prospects of a "red wave" had evaporated although in the House of Representatives, Republicans remained favored to win a majority.

"You're in a slightly different situation and it does...

Read full story

Reuters

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
111314/86418
See full bias rating for Reuters
Learn about media bias
https://www.reuters.com/world/us/investors-brace-government-gridlock-republicans-seen-gaining-us-midterms-2022-11-08/

More News about 2022 Elections from the Left, Center and Right

From the Left

From the Center

From the Right