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Tuesday, November 6, 2018

A Split Congress Would Be Market Neutral - FOMC Will Be Critical Thursday


One Option Trading Blog https://ift.tt/2QnXxP1 Posted 9:30 AM ET - This is the moment we've been waiting for. Today voters will decide if Trump's agenda is working for them. A split decision where Democrats win the House and Republicans maintain the Senate would be fairly neutral. Trump would be dragged down by investigations and impeachment hearings, but he will fend them off. New tax cuts would not get past Congress, but Trump can continue to reduce business regulations from the Oval Office. If Democrats control Congress the market will drop and if Republicans maintain control of Congress the market will rally. There is also a major …

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