Opening Word document…
Dem wins in GA thump perception
Jeff Weniger 20, Head of Equity Strategy @ WisdomTree, “Are You Sure Markets Love Washington Gridlock? ,” WisdomTree ETF Blog, 11-30-2020, https://www.wisdomtree.com/blog/2020-11-30/are-you-sure-markets-love-washington-gridlock
Meanwhile, in order for Gridlock Good to play out, you need…gridlock.
We still have the Georgia Senate run-off on January 5; that result will decide that body's balance of power. PredictIt, the event futures market, gives Democrats a 26% probability of taking a majority in that chamber. If they pull it off, that is the “Blue Wave,” whereby Democrats control the White House, Senate and House of Representatives.
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