Will the stock market celebrate gridlock?

Tomorrow is election day and it’s looking like we’ll end up with a small victory for Democrats in the House of Representatives while the GOP hangs onto the Senate for another two years.
Here’s Bank of America Merrill Lynch on why gridlock could be a modest positive…
Our base case view of a split Congress could be supportive of equities, as markets historically do well under gridlock (nothing done, …
Source: https://thereformedbroker.com/2018/11/05/will-the-stock-market-celebrate-gridlock/


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