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2022-11-10
abc
The Republican Party "failed to live up to expectations" and the market was disappointed
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On November 9, the U.S. stock index opened lower, the S&P 500 index fell 2.08%, and the technology-dominated Nasdaq Composite Index fell 2.37%.</p><p>As of 18:00 local time on the 9th in the United States, the Republican Party won 201 seats in the House of Representatives and 49 seats in the Senate; The Democratic Party won 182 seats in the House of Representatives and 48 seats in the Senate.</p><p>Although the Republican Party is currently in the leading position in the competition to seize control of the House of Representatives, and some fiercely competitive and key elections have not yet been held, as far as the stalemate score in the Senate is concerned, the Republican Party's \"total victory\" is basically hopeless.</p><p><img src=\"https://static.tigerbbs.com/690dc63e86883710648522a50b77f66d\" tg-width=\"585\" tg-height=\"217\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><img src=\"https://static.tigerbbs.com/5104452c7d7eae62a72dcb15c3374472\" tg-width=\"602\" tg-height=\"213\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Some of the key results in the mid-term elections include:</p><p><ul><li>In Pennsylvania, Democratic lieutenant governor John Fetterman defeated Republican Mehmet Oz to win a Senate seat in Pennsylvania, which was called a \"crucial victory\".</li><li>In Wisconsin, Republican Sen. Ron Johnson won a third term over Democratic Lt. Gov. Mandela Barnes.</li><li>New Hampshire, Democratic Sen. Maggie Hassan defeated Republican challenger Don Bolduck.</li><li>Several early Democratic victories in key contests in the House, such as Democratic Rep. Abigail Spanberg of Virginia, doused hopes of a Republican \"red wave\".</li><li>Republicans still have some key wins in the House, such as in New York's 17th District, where Democratic Congressional Campaign Committee Chairman Shawn Patrick Maloney lost in his race for *.</li></ul><img src=\"https://static.tigerbbs.com/bf291cc03169db0108b238e446bb5620\" tg-width=\"675\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In addition, the media predicts that a Republican is expected to keep Alaska's Senate seat, and the voting results will be announced on November 23rd.</p><p>At present, the fierce battle for control of the Senate has narrowed to three states: Arizona, Georgia and Nevada. Republican Secretary of State Brad Raffensberger announced Wednesday afternoon that there is a runoff between Georgia Republican Hershel Walker and incumbent Democratic Sen. Raphael Warnock, to be held on Dec. 6.</p><p>Unless one party wins the remaining contests in Arizona and Nevada,<b>Otherwise control of the Senate will not be revealed for another month</b>, and there are still a large number of votes being counted in these two states.</p><p><h2>Markets Instead Focus on Inflation</h2>Previously, the market preferred a \"comprehensive victory\" for the Republican Party because it was more conducive to checks and balances within the federal government and reduced uncertainty. However, the uncertainty of the vote outcome weighed on market sentiment, so investors' attention turned to this week's upcoming inflation data.</p><p>David Donabedian, chief investment officer at CIBC Private Wealth, said \"the big picture probably won't change much\" in the midterm elections:</p><p><b>If Republicans gain even a narrow majority in both chambers, certain policy issues will be left out</b>… We know what it's going to look like, so let's get back to the question of inflation, the Fed and corporate earnings. Ash alankar, head of global asset allocation at Janus Henderson, said:</p><p>On the one hand, corporate, personal and capital gains tax increases are less likely as Republicans win, which would benefit all stocks … However, on the other hand, both the prospect of no tax increases and extended tax cuts have the potential to trigger inflation as the private sector has more after-tax disposable income.<b>If the Republicans win, it would be positive for stocks overall, but inflationary risks are unlikely to mitigate or accelerate.</b><h2>Can still hinder legislative agenda</h2>However, although the Republican Party failed to achieve an \"landslide victory,\" control of the House of Representatives is enough to hinder Biden's legislative agenda for the next two years.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Alec Phillips of Economic Research said a split in Congress was expected even as Republicans fell short of expectations:</p><p>While Democrats outperformed expectations and Democratic control of the Senate would be a surprise, the end result appears to be a split, with policy implications broadly similar to what would happen with Republican majorities in both chambers.<b>If Republicans win a majority in the House, Senate control is less important.</b>There are two general distinctions between a divided Congress and a Republican-controlled Congress: First, the Senate approves the presidential nomination by a simple majority,<b>Therefore, continued Democratic control will limit Republican influence on Biden's presidential nomination in the next two years.</b>Secondly,<b>Passing legislation in a divided Congress will be harder than in a Republican-controlled Congress</b>, although bipartisan support is needed in either case (because Biden can veto in either case, and Republicans will lack 2/3 of the upvote to overturn), so<b>The amount of legislative activity may be similar</b>。 In 2011 and 2013, debt ceiling uncertainty dominated by the Republican-controlled House and Democratic-controlled Senate roiled financial markets, leading government spending cuts. A similar scenario is likely next year, although the Democratic Senate may try to reduce the scale of spending cuts.<b>But legislation against a potential recession would also be more difficult.</b></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Republican Party \"failed to live up to expectations\" and the market was disappointed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Republican Party \"failed to live up to expectations\" and the market was disappointed\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-11-10 10:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The election in the United States has not yet come to an end, but the \"red wave\" expected by the Republican Party has not yet arrived.</p><p>Halfway through the midterm elections, the Republican Party performed miss the market expectation. On November 9, the U.S. stock index opened lower, the S&P 500 index fell 2.08%, and the technology-dominated Nasdaq Composite Index fell 2.37%.</p><p>As of 18:00 local time on the 9th in the United States, the Republican Party won 201 seats in the House of Representatives and 49 seats in the Senate; The Democratic Party won 182 seats in the House of Representatives and 48 seats in the Senate.</p><p>Although the Republican Party is currently in the leading position in the competition to seize control of the House of Representatives, and some fiercely competitive and key elections have not yet been held, as far as the stalemate score in the Senate is concerned, the Republican Party's \"total victory\" is basically hopeless.</p><p><img src=\"https://static.tigerbbs.com/690dc63e86883710648522a50b77f66d\" tg-width=\"585\" tg-height=\"217\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><img src=\"https://static.tigerbbs.com/5104452c7d7eae62a72dcb15c3374472\" tg-width=\"602\" tg-height=\"213\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Some of the key results in the mid-term elections include:</p><p><ul><li>In Pennsylvania, Democratic lieutenant governor John Fetterman defeated Republican Mehmet Oz to win a Senate seat in Pennsylvania, which was called a \"crucial victory\".</li><li>In Wisconsin, Republican Sen. Ron Johnson won a third term over Democratic Lt. Gov. Mandela Barnes.</li><li>New Hampshire, Democratic Sen. Maggie Hassan defeated Republican challenger Don Bolduck.</li><li>Several early Democratic victories in key contests in the House, such as Democratic Rep. Abigail Spanberg of Virginia, doused hopes of a Republican \"red wave\".</li><li>Republicans still have some key wins in the House, such as in New York's 17th District, where Democratic Congressional Campaign Committee Chairman Shawn Patrick Maloney lost in his race for *.</li></ul><img src=\"https://static.tigerbbs.com/bf291cc03169db0108b238e446bb5620\" tg-width=\"675\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In addition, the media predicts that a Republican is expected to keep Alaska's Senate seat, and the voting results will be announced on November 23rd.</p><p>At present, the fierce battle for control of the Senate has narrowed to three states: Arizona, Georgia and Nevada. Republican Secretary of State Brad Raffensberger announced Wednesday afternoon that there is a runoff between Georgia Republican Hershel Walker and incumbent Democratic Sen. Raphael Warnock, to be held on Dec. 6.</p><p>Unless one party wins the remaining contests in Arizona and Nevada,<b>Otherwise control of the Senate will not be revealed for another month</b>, and there are still a large number of votes being counted in these two states.</p><p><h2>Markets Instead Focus on Inflation</h2>Previously, the market preferred a \"comprehensive victory\" for the Republican Party because it was more conducive to checks and balances within the federal government and reduced uncertainty. However, the uncertainty of the vote outcome weighed on market sentiment, so investors' attention turned to this week's upcoming inflation data.</p><p>David Donabedian, chief investment officer at CIBC Private Wealth, said \"the big picture probably won't change much\" in the midterm elections:</p><p><b>If Republicans gain even a narrow majority in both chambers, certain policy issues will be left out</b>… We know what it's going to look like, so let's get back to the question of inflation, the Fed and corporate earnings. Ash alankar, head of global asset allocation at Janus Henderson, said:</p><p>On the one hand, corporate, personal and capital gains tax increases are less likely as Republicans win, which would benefit all stocks … However, on the other hand, both the prospect of no tax increases and extended tax cuts have the potential to trigger inflation as the private sector has more after-tax disposable income.<b>If the Republicans win, it would be positive for stocks overall, but inflationary risks are unlikely to mitigate or accelerate.</b><h2>Can still hinder legislative agenda</h2>However, although the Republican Party failed to achieve an \"landslide victory,\" control of the House of Representatives is enough to hinder Biden's legislative agenda for the next two years.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Alec Phillips of Economic Research said a split in Congress was expected even as Republicans fell short of expectations:</p><p>While Democrats outperformed expectations and Democratic control of the Senate would be a surprise, the end result appears to be a split, with policy implications broadly similar to what would happen with Republican majorities in both chambers.<b>If Republicans win a majority in the House, Senate control is less important.</b>There are two general distinctions between a divided Congress and a Republican-controlled Congress: First, the Senate approves the presidential nomination by a simple majority,<b>Therefore, continued Democratic control will limit Republican influence on Biden's presidential nomination in the next two years.</b>Secondly,<b>Passing legislation in a divided Congress will be harder than in a Republican-controlled Congress</b>, although bipartisan support is needed in either case (because Biden can veto in either case, and Republicans will lack 2/3 of the upvote to overturn), so<b>The amount of legislative activity may be similar</b>。 In 2011 and 2013, debt ceiling uncertainty dominated by the Republican-controlled House and Democratic-controlled Senate roiled financial markets, leading government spending cuts. A similar scenario is likely next year, although the Democratic Senate may try to reduce the scale of spending cuts.<b>But legislation against a potential recession would also be more difficult.</b></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3674591\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a54b1149ff18a9d4fc100e0aa17293d9","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3674591","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282374041","content_text":"美国中选还未落下帷幕，但共和党所期盼的“红色浪潮”并未到来。中期选举过半，共和党表现不及市场预期，11月9日美国股指开盘走低，标普500指数下跌2.08%，以科技股为主的纳斯达克综合指数下跌2.37%。截至美国当地时间9日18时，共和党在众议院获得201席，参议院获得49席；民主党在众议院获182席，参议院获48席。尽管共和党当前在夺取众议院控制权竞争中处于领先地位，一些竞争激烈且关键的竞选也尚未举行，但就参议院的胶着比分而言，共和党的“全面胜利”已基本无望。一些中期选举里的关键结果包括：宾夕法尼亚州，民主党副州长约翰·费特曼击败了共和党人梅赫梅特·奥兹，拿下了宾夕法尼亚州的一个参议院席位，被称为“关键性胜利”。威斯康星州，共和党参议员罗恩·约翰逊击败民主党副州长曼德拉·巴恩斯，赢得了第三个任期。新罕布什尔州，民主党参议员玛吉·哈桑击败了共和党挑战者唐·博尔达克。民主党在众议院关键竞争的几场早期胜利，如弗吉尼亚州的民主党众议员阿比盖尔·斯潘伯格，浇灭了共和党“红色浪潮”的希望。共和党人仍然在众议院取得了一些关键胜利，如在纽约第17选区，民主党国会竞选委员会主席肖恩·帕特里克·马洛尼在竞选连任时失利。另外，媒体预计，一名共和党人有望保住阿拉斯加州的参议院席位，投票结果将于11月23日公布。目前，参议院控制权的激烈争夺已经缩小到亚利桑那、乔治亚和内华达三个州。共和党国务卿布拉德·拉芬斯伯格周三下午宣布，佐治亚州共和党人赫谢尔·沃克和现任民主党参议员拉斐尔·沃诺克之间进入决选，于12月6日举行。除非有一党赢得亚利桑那州和内华达州剩下的竞争，否则参议院的控制权还要再过一个月才能揭晓，而这两个州仍有大量选票在统计中。市场转而关注通胀此前市场更偏好共和党取得“全面胜利”，因为这更有利于联邦政府内部的相互制衡，减少不确定性，但投票结果的不确定性打压了市场情绪，因此投资者的注意力转向本周即将公布的通胀数据。CIBC Private Wealth首席投资官David Donabedian表示，中期选举“大局可能不会有太大变化”：如果共和党人在参众两院获得哪怕是微弱的多数，那么某些政策问题就会被排除在外……我们知道会是什么样子，所以让我们回到通胀、美联储和企业收益的问题上来。Janus Henderson全球资产配置主管Ash alankar说：一方面，随着共和党获胜，企业、个人和资本利得税上调的可能性降低，这将有利于所有股票……然而，另一方面，不增税和减税政策延长的前景都有可能引发通胀，因为私营部门有更多的税后可支配收入。如果共和党获胜，总体上将对股市有利，但通胀风险不太可能减轻或加速。仍可阻碍立法议程不过，尽管共和党未能取得“压倒性胜利”，控制众议院也足以对拜登未来两年的立法议程造成阻碍。高盛经济研究部的Alec Phillips表示，尽管共和党表现不及预期，但国会的分裂仍在预期之中：虽然民主党的表现超出预期，民主党控制参议院将是一个意外，但最终的结果似乎是分裂，政策影响与共和党在参众两院占多数的情况大致相似。如果共和党赢得众议院多数席位，参议院控制权就不那么重要了。在分裂的国会和共和党控制的国会之间有两个普遍的区别：首先，参议院以简单多数批准总统提名，因此民主党的继续控制将限制共和党在未来两年对拜登总统提名的影响。其次，在分裂的国会中通过立法将比在共和党控制的国会中更难，尽管在任何一种情况下都需要两党支持(因为拜登可以在任何一种情况下否决，而共和党人将缺乏2/3的赞成票来推翻)，所以立法活动的数量可能是相似的。2011年和2013年，共和党控制的众议院和民主党控制的参议院主导的债务上限不确定性扰乱了金融市场，导致政府大幅削减支出。明年可能会出现类似的情况，尽管民主党参议院可能努力降低削减支出的规模。但针对潜在衰退的立法也会更加困难。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":664299439,"gmtCreate":1668047676325,"gmtModify":1676538004239,"author":{"id":"3562228734380002","authorId":"3562228734380002","name":"gbcgblgbd","avatar":"https://static.tigerbbs.com/7b8faf102dd5e0c9e7cc1ae34839ec2e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562228734380002","idStr":"3562228734380002"},"themes":[],"htmlText":"abc","listText":"abc","text":"abc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/664299439","repostId":"2282374041","repostType":4,"repost":{"id":"2282374041","kind":"highlight","pubTimestamp":1668047209,"share":"https://ttm.financial/m/news/2282374041?lang=en_US&edition=fundamental","pubTime":"2022-11-10 10:26","market":"us","language":"zh","title":"The Republican Party \"failed to live up to expectations\" and the market was disappointed","url":"https://stock-news.laohu8.com/highlight/detail?id=2282374041","media":"华尔街见闻","summary":"美国中选还未落下帷幕，但共和党所期盼的“红色浪潮”并未到来。中期选举过半，共和党表现不及市场预期，11月9日美国股指开盘走低，标普500指数下跌2.08%，以科技股为主的纳斯达克综合指数下跌2.37%","content":"<p><html><head></head><body>The election in the United States has not yet come to an end, but the \"red wave\" expected by the Republican Party has not yet arrived.</p><p>Halfway through the midterm elections, the Republican Party performed miss the market expectation. On November 9, the U.S. stock index opened lower, the S&P 500 index fell 2.08%, and the technology-dominated Nasdaq Composite Index fell 2.37%.</p><p>As of 18:00 local time on the 9th in the United States, the Republican Party won 201 seats in the House of Representatives and 49 seats in the Senate; The Democratic Party won 182 seats in the House of Representatives and 48 seats in the Senate.</p><p>Although the Republican Party is currently in the leading position in the competition to seize control of the House of Representatives, and some fiercely competitive and key elections have not yet been held, as far as the stalemate score in the Senate is concerned, the Republican Party's \"total victory\" is basically hopeless.</p><p><img src=\"https://static.tigerbbs.com/690dc63e86883710648522a50b77f66d\" tg-width=\"585\" tg-height=\"217\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><img src=\"https://static.tigerbbs.com/5104452c7d7eae62a72dcb15c3374472\" tg-width=\"602\" tg-height=\"213\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Some of the key results in the mid-term elections include:</p><p><ul><li>In Pennsylvania, Democratic lieutenant governor John Fetterman defeated Republican Mehmet Oz to win a Senate seat in Pennsylvania, which was called a \"crucial victory\".</li><li>In Wisconsin, Republican Sen. Ron Johnson won a third term over Democratic Lt. Gov. Mandela Barnes.</li><li>New Hampshire, Democratic Sen. Maggie Hassan defeated Republican challenger Don Bolduck.</li><li>Several early Democratic victories in key contests in the House, such as Democratic Rep. Abigail Spanberg of Virginia, doused hopes of a Republican \"red wave\".</li><li>Republicans still have some key wins in the House, such as in New York's 17th District, where Democratic Congressional Campaign Committee Chairman Shawn Patrick Maloney lost in his race for *.</li></ul><img src=\"https://static.tigerbbs.com/bf291cc03169db0108b238e446bb5620\" tg-width=\"675\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In addition, the media predicts that a Republican is expected to keep Alaska's Senate seat, and the voting results will be announced on November 23rd.</p><p>At present, the fierce battle for control of the Senate has narrowed to three states: Arizona, Georgia and Nevada. Republican Secretary of State Brad Raffensberger announced Wednesday afternoon that there is a runoff between Georgia Republican Hershel Walker and incumbent Democratic Sen. Raphael Warnock, to be held on Dec. 6.</p><p>Unless one party wins the remaining contests in Arizona and Nevada,<b>Otherwise control of the Senate will not be revealed for another month</b>, and there are still a large number of votes being counted in these two states.</p><p><h2>Markets Instead Focus on Inflation</h2>Previously, the market preferred a \"comprehensive victory\" for the Republican Party because it was more conducive to checks and balances within the federal government and reduced uncertainty. However, the uncertainty of the vote outcome weighed on market sentiment, so investors' attention turned to this week's upcoming inflation data.</p><p>David Donabedian, chief investment officer at CIBC Private Wealth, said \"the big picture probably won't change much\" in the midterm elections:</p><p><b>If Republicans gain even a narrow majority in both chambers, certain policy issues will be left out</b>… We know what it's going to look like, so let's get back to the question of inflation, the Fed and corporate earnings. Ash alankar, head of global asset allocation at Janus Henderson, said:</p><p>On the one hand, corporate, personal and capital gains tax increases are less likely as Republicans win, which would benefit all stocks … However, on the other hand, both the prospect of no tax increases and extended tax cuts have the potential to trigger inflation as the private sector has more after-tax disposable income.<b>If the Republicans win, it would be positive for stocks overall, but inflationary risks are unlikely to mitigate or accelerate.</b><h2>Can still hinder legislative agenda</h2>However, although the Republican Party failed to achieve an \"landslide victory,\" control of the House of Representatives is enough to hinder Biden's legislative agenda for the next two years.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Alec Phillips of Economic Research said a split in Congress was expected even as Republicans fell short of expectations:</p><p>While Democrats outperformed expectations and Democratic control of the Senate would be a surprise, the end result appears to be a split, with policy implications broadly similar to what would happen with Republican majorities in both chambers.<b>If Republicans win a majority in the House, Senate control is less important.</b>There are two general distinctions between a divided Congress and a Republican-controlled Congress: First, the Senate approves the presidential nomination by a simple majority,<b>Therefore, continued Democratic control will limit Republican influence on Biden's presidential nomination in the next two years.</b>Secondly,<b>Passing legislation in a divided Congress will be harder than in a Republican-controlled Congress</b>, although bipartisan support is needed in either case (because Biden can veto in either case, and Republicans will lack 2/3 of the upvote to overturn), so<b>The amount of legislative activity may be similar</b>。 In 2011 and 2013, debt ceiling uncertainty dominated by the Republican-controlled House and Democratic-controlled Senate roiled financial markets, leading government spending cuts. A similar scenario is likely next year, although the Democratic Senate may try to reduce the scale of spending cuts.<b>But legislation against a potential recession would also be more difficult.</b></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Republican Party \"failed to live up to expectations\" and the market was disappointed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Republican Party \"failed to live up to expectations\" and the market was disappointed\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-11-10 10:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The election in the United States has not yet come to an end, but the \"red wave\" expected by the Republican Party has not yet arrived.</p><p>Halfway through the midterm elections, the Republican Party performed miss the market expectation. On November 9, the U.S. stock index opened lower, the S&P 500 index fell 2.08%, and the technology-dominated Nasdaq Composite Index fell 2.37%.</p><p>As of 18:00 local time on the 9th in the United States, the Republican Party won 201 seats in the House of Representatives and 49 seats in the Senate; The Democratic Party won 182 seats in the House of Representatives and 48 seats in the Senate.</p><p>Although the Republican Party is currently in the leading position in the competition to seize control of the House of Representatives, and some fiercely competitive and key elections have not yet been held, as far as the stalemate score in the Senate is concerned, the Republican Party's \"total victory\" is basically hopeless.</p><p><img src=\"https://static.tigerbbs.com/690dc63e86883710648522a50b77f66d\" tg-width=\"585\" tg-height=\"217\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><img src=\"https://static.tigerbbs.com/5104452c7d7eae62a72dcb15c3374472\" tg-width=\"602\" tg-height=\"213\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Some of the key results in the mid-term elections include:</p><p><ul><li>In Pennsylvania, Democratic lieutenant governor John Fetterman defeated Republican Mehmet Oz to win a Senate seat in Pennsylvania, which was called a \"crucial victory\".</li><li>In Wisconsin, Republican Sen. Ron Johnson won a third term over Democratic Lt. Gov. Mandela Barnes.</li><li>New Hampshire, Democratic Sen. Maggie Hassan defeated Republican challenger Don Bolduck.</li><li>Several early Democratic victories in key contests in the House, such as Democratic Rep. Abigail Spanberg of Virginia, doused hopes of a Republican \"red wave\".</li><li>Republicans still have some key wins in the House, such as in New York's 17th District, where Democratic Congressional Campaign Committee Chairman Shawn Patrick Maloney lost in his race for *.</li></ul><img src=\"https://static.tigerbbs.com/bf291cc03169db0108b238e446bb5620\" tg-width=\"675\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In addition, the media predicts that a Republican is expected to keep Alaska's Senate seat, and the voting results will be announced on November 23rd.</p><p>At present, the fierce battle for control of the Senate has narrowed to three states: Arizona, Georgia and Nevada. Republican Secretary of State Brad Raffensberger announced Wednesday afternoon that there is a runoff between Georgia Republican Hershel Walker and incumbent Democratic Sen. Raphael Warnock, to be held on Dec. 6.</p><p>Unless one party wins the remaining contests in Arizona and Nevada,<b>Otherwise control of the Senate will not be revealed for another month</b>, and there are still a large number of votes being counted in these two states.</p><p><h2>Markets Instead Focus on Inflation</h2>Previously, the market preferred a \"comprehensive victory\" for the Republican Party because it was more conducive to checks and balances within the federal government and reduced uncertainty. However, the uncertainty of the vote outcome weighed on market sentiment, so investors' attention turned to this week's upcoming inflation data.</p><p>David Donabedian, chief investment officer at CIBC Private Wealth, said \"the big picture probably won't change much\" in the midterm elections:</p><p><b>If Republicans gain even a narrow majority in both chambers, certain policy issues will be left out</b>… We know what it's going to look like, so let's get back to the question of inflation, the Fed and corporate earnings. Ash alankar, head of global asset allocation at Janus Henderson, said:</p><p>On the one hand, corporate, personal and capital gains tax increases are less likely as Republicans win, which would benefit all stocks … However, on the other hand, both the prospect of no tax increases and extended tax cuts have the potential to trigger inflation as the private sector has more after-tax disposable income.<b>If the Republicans win, it would be positive for stocks overall, but inflationary risks are unlikely to mitigate or accelerate.</b><h2>Can still hinder legislative agenda</h2>However, although the Republican Party failed to achieve an \"landslide victory,\" control of the House of Representatives is enough to hinder Biden's legislative agenda for the next two years.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Alec Phillips of Economic Research said a split in Congress was expected even as Republicans fell short of expectations:</p><p>While Democrats outperformed expectations and Democratic control of the Senate would be a surprise, the end result appears to be a split, with policy implications broadly similar to what would happen with Republican majorities in both chambers.<b>If Republicans win a majority in the House, Senate control is less important.</b>There are two general distinctions between a divided Congress and a Republican-controlled Congress: First, the Senate approves the presidential nomination by a simple majority,<b>Therefore, continued Democratic control will limit Republican influence on Biden's presidential nomination in the next two years.</b>Secondly,<b>Passing legislation in a divided Congress will be harder than in a Republican-controlled Congress</b>, although bipartisan support is needed in either case (because Biden can veto in either case, and Republicans will lack 2/3 of the upvote to overturn), so<b>The amount of legislative activity may be similar</b>。 In 2011 and 2013, debt ceiling uncertainty dominated by the Republican-controlled House and Democratic-controlled Senate roiled financial markets, leading government spending cuts. A similar scenario is likely next year, although the Democratic Senate may try to reduce the scale of spending cuts.<b>But legislation against a potential recession would also be more difficult.</b></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3674591\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a54b1149ff18a9d4fc100e0aa17293d9","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3674591","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282374041","content_text":"美国中选还未落下帷幕，但共和党所期盼的“红色浪潮”并未到来。中期选举过半，共和党表现不及市场预期，11月9日美国股指开盘走低，标普500指数下跌2.08%，以科技股为主的纳斯达克综合指数下跌2.37%。截至美国当地时间9日18时，共和党在众议院获得201席，参议院获得49席；民主党在众议院获182席，参议院获48席。尽管共和党当前在夺取众议院控制权竞争中处于领先地位，一些竞争激烈且关键的竞选也尚未举行，但就参议院的胶着比分而言，共和党的“全面胜利”已基本无望。一些中期选举里的关键结果包括：宾夕法尼亚州，民主党副州长约翰·费特曼击败了共和党人梅赫梅特·奥兹，拿下了宾夕法尼亚州的一个参议院席位，被称为“关键性胜利”。威斯康星州，共和党参议员罗恩·约翰逊击败民主党副州长曼德拉·巴恩斯，赢得了第三个任期。新罕布什尔州，民主党参议员玛吉·哈桑击败了共和党挑战者唐·博尔达克。民主党在众议院关键竞争的几场早期胜利，如弗吉尼亚州的民主党众议员阿比盖尔·斯潘伯格，浇灭了共和党“红色浪潮”的希望。共和党人仍然在众议院取得了一些关键胜利，如在纽约第17选区，民主党国会竞选委员会主席肖恩·帕特里克·马洛尼在竞选连任时失利。另外，媒体预计，一名共和党人有望保住阿拉斯加州的参议院席位，投票结果将于11月23日公布。目前，参议院控制权的激烈争夺已经缩小到亚利桑那、乔治亚和内华达三个州。共和党国务卿布拉德·拉芬斯伯格周三下午宣布，佐治亚州共和党人赫谢尔·沃克和现任民主党参议员拉斐尔·沃诺克之间进入决选，于12月6日举行。除非有一党赢得亚利桑那州和内华达州剩下的竞争，否则参议院的控制权还要再过一个月才能揭晓，而这两个州仍有大量选票在统计中。市场转而关注通胀此前市场更偏好共和党取得“全面胜利”，因为这更有利于联邦政府内部的相互制衡，减少不确定性，但投票结果的不确定性打压了市场情绪，因此投资者的注意力转向本周即将公布的通胀数据。CIBC Private Wealth首席投资官David Donabedian表示，中期选举“大局可能不会有太大变化”：如果共和党人在参众两院获得哪怕是微弱的多数，那么某些政策问题就会被排除在外……我们知道会是什么样子，所以让我们回到通胀、美联储和企业收益的问题上来。Janus Henderson全球资产配置主管Ash alankar说：一方面，随着共和党获胜，企业、个人和资本利得税上调的可能性降低，这将有利于所有股票……然而，另一方面，不增税和减税政策延长的前景都有可能引发通胀，因为私营部门有更多的税后可支配收入。如果共和党获胜，总体上将对股市有利，但通胀风险不太可能减轻或加速。仍可阻碍立法议程不过，尽管共和党未能取得“压倒性胜利”，控制众议院也足以对拜登未来两年的立法议程造成阻碍。高盛经济研究部的Alec Phillips表示，尽管共和党表现不及预期，但国会的分裂仍在预期之中：虽然民主党的表现超出预期，民主党控制参议院将是一个意外，但最终的结果似乎是分裂，政策影响与共和党在参众两院占多数的情况大致相似。如果共和党赢得众议院多数席位，参议院控制权就不那么重要了。在分裂的国会和共和党控制的国会之间有两个普遍的区别：首先，参议院以简单多数批准总统提名，因此民主党的继续控制将限制共和党在未来两年对拜登总统提名的影响。其次，在分裂的国会中通过立法将比在共和党控制的国会中更难，尽管在任何一种情况下都需要两党支持(因为拜登可以在任何一种情况下否决，而共和党人将缺乏2/3的赞成票来推翻)，所以立法活动的数量可能是相似的。2011年和2013年，共和党控制的众议院和民主党控制的参议院主导的债务上限不确定性扰乱了金融市场，导致政府大幅削减支出。明年可能会出现类似的情况，尽管民主党参议院可能努力降低削减支出的规模。但针对潜在衰退的立法也会更加困难。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
