USA: Trump's drop in popularity increases the chance of a Democratic turnaround in Congress
Midterm elections renew the House and part of the Senate, and Republicans, who control both Houses, face dissatisfied voters.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
American voters go to the polls tomorrow to choose a new Congress, and President Donald Trump's low popularity emerges as the main risk factor for the Republican Party. According to InfoMoney, early voting is already underway in the final stretch of the midterm dispute.
At stake are 435 seats in the House of Representatives and 35 of the 100 seats in the Senate. Today, Republicans control both Houses, so a Democratic turnaround would change the balance of forces in Washington and the pace of negotiations with the White House.
InfoMoney points out that Republicans are under pressure due to Trump's drop in popularity. Among the voters interviewed, the cost of living is the main complaint, and the price of gasoline appears at the center of this dissatisfaction.
The perception of illegality among politicians and the influence of billionaires are also among the concerns cited by voters. This set of complaints suggests wear and tear that is not limited to the household budget.
The InfoMoney report links Trump's low popularity to the chance of a Democratic victory, but the result will only be known after the count.
What changes for the investor
A divided Congress tends to make changes to taxes and public spending slower, which could reduce some of the uncertainty about the fiscal agenda. For those who follow the Nasdaq, interest rates and the dollar, the point of attention is the change in political balance, which can alter expectations about fiscal and regulatory policy without indicating, in itself, a defined direction for prices.
Automatically translated from Portuguese.
