prospect: Markets in Asia swung between small gains and losses as investors digested the results early Wednesday, before ending the day mixed, according to CNN. By the time European markets started trading, the focus had shifted to the positives of a divided Congress the prospect of a period of government inactivity. The outcome left the two houses of Congress split between the Republicans and Democrats but delivered little in the way of surprises. The dollar is really strong. Historically, legislative gridlock has been modestly positive for US equity markets. That could hurt the economy This was the most benign result possible from this midterm election, wrote analysts at Gavekal Research.
(news.financializer.com). As
reported in the news.
Tagged under prospect, inactivity topics.