Shuffling the stack
Nov. 7th, 2018 10:29 amSo, it all happened more or less as expected. The Blue Wave was not a tsunami, but it did give House back to the Democrats. The strong economy, however, prevented them from taking the Senate, where the Republicans even strengthened their positions. This configuration hasn't occurred since 1986.
The markets have responded calmly so far. The dollar didn't lose almost any positions in Asia and Europe (-0.4% against the Euro, and -0.3% against the Pound).
Nevertheless, this is undoubtedly a new situation for the president...
The markets have responded calmly so far. The dollar didn't lose almost any positions in Asia and Europe (-0.4% against the Euro, and -0.3% against the Pound).
Nevertheless, this is undoubtedly a new situation for the president...