Democratic Friction Grows

its chance, of the story’s futures

−0.1%on the S&P 500, if it happens

Kiros becomes a visible member of a small but vocal bloc willing to withhold votes on must-pass legislation. Because the Democratic House majority is expected to be narrow, even a handful of defections could complicate budget, tax, and health-care negotiations.

What it moves

Riskier companies' borrowing costs▲ up
Market volatility▲ up

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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