US Election

The U.S. election on November 8 will steer some attention away from investors locked in on the Federal Reserve. The consensus expectation is that a divided government between the White House and Congress will lead to more political gridlock and a potential slowdown for some of President Biden’s agenda. Historians note the stock market has outperformed with a dividend government over the returns generated in the years following the same party controlling the Senate, the House and the Presidency. Analysts warn that a scenario that could rattle the market would be any lack of clarity with regard to Senate control if results are contested.

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