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Investment Event - US Midterms

Midterms result in split Congress
07 November 2018
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    Key Takeaways

    • The midterm elections are poised to result in a split Congress, as widely expected
    • Further tax cuts are unlikely. Increasing the debt ceiling may re-emerge as a source of political tension
    • Domestic constraints could result in more activist foreign policy from the president
    • Debate around infrastructure plans may intensify, but there are significant political and financial limitations to action