Markus Koch: A Divided Congress Could Be Wall Street’s Preferred Midterm Outcome

Markus Koch says Bank of America’s analysis points to a split Congress as the most favorable midterm result for Wall Street, while prediction markets reportedly see Democratic majorities as more likely.

US markets commentator Markus Koch has outlined how the outcome of the midterm elections could affect markets. According to Koch, Bank of America has assessed several possible scenarios and identified a divided Congress as the ideal result for Wall Street.

Prediction markets, by contrast, are reportedly treating Democratic majorities as the more likely outcome.

Sources: Handelsblatt.

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