Possible scenario
Washington Gridlock Shock
30%
−0.6%
The initial selloff proves less about tariffs and more about the risk of divided government confrontation. Investors focus on budget deadlines, investigations, and the possibility that fiscal governance becomes more volatile in early 2027.
What it moves
- Finance−0.8%
- Technology−0.5%
- Riskier companies' borrowing costs
- Market volatility
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