Possible scenario
Policy Recalibration Follows
12%
0.0%
Both parties treat the Latino poll and election results as evidence that immigration tactics now carry measurable electoral costs. The key uncertainty is whether the Trump administration moderates high-visibility raids, doubles down, or allows Congress to explore a narrower labor and border compromise.
What it moves
- Consumer Services+0.4%
- Consumer Non-Cyclicals+0.2%
- Riskier companies' borrowing costs
- 10-year Treasury yield
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