Possible scenario
Gridlock Reality Check
−0.7%
The market reconsiders how much Democrats can change before the new Congress is seated and whether Trump will use vetoes and executive authority to preserve his agenda. The initial rally partially fades but does not become a crisis.
What it moves
- Consumer Cyclicals−1.1%
- Industrials−1.0%
- Riskier companies' borrowing costs
- Market volatility
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