On November 8, votes will be cast for the U.S. Midterm Elections in order to decide the 118th U.S. Congress. The combination of low poll numbers and high inflation are proving to be a difficult combination for the Biden administration to navigate as the Republican Party campaigns on a platform of a faltering economy.
History shows that such midterm elections typically swing in favor of the opposition party, but America remains a deeply divided nation. The Democrats have recently been emboldened by the implications of recent judicial action and potential surprises could occur.
We consider:
- The political landscape of the United States of America
- What issues are each party campaigning on?
- How could the U.S. Congress look once votes have been cast
- The impact of the midterm elections on policy and investment markets