Markets May Be Volatile, But They Usually Rise After the Midterm Elections

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Commentary
I don’t know about you, but I am glad the midterm elections are over, since, in my opinion, the importance of the election was overhyped, even though this was a landmark Democratic sweep. This election delivered two years of “gridlock,” which Wall Street prefers, historically. Also, the Trump administration front-loaded its agenda in the first two years, so this leadership change in the House and Senate should not derail Trump’s agenda on energy, AI, and other important drivers of U.S. economic growth. Even if there are (and will be) a lot of Congressional hearings on AI, I am not expecting growth to be impaired….
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