view as alarming results out of two U.S. Senate runoff elections in Georgia. Democrats already appear to have won one seat, with Democrat Rev. Raphael Warnock defeating incumbent Sen. Kelly Loeffler; if they take both, giving Vice President-elect Kamala Harris a tie-breaking vote and Democrats control of the Senate, it could get ugly—albeit briefly.
Make no mistake: Based solely on historical market performance, the best case scenario for investors appears to be if the GOP retains at least one seat and control of the Senate; if Republican Sen. David Perdue manages to hold onto his seat , it sets the stage for a split Congress under a Democratic White House. There’s only been one period since 1944 with a Democrat in the White House and a split Congress and the S&P 500 averaged a hefty 13.
Ossoff, in addition to Warnock, pulls off an upset, investors should be okay—going by historical data, the popular belief that unfettered Democrats are terrible for stocks simply isn’t true in the long run. “Even if we do end up with a Democratic trifecta, the returns aren’t bad,” says Sam Stovall, chief investment strategist for CFRA Research, a New York City-based investment research firm, who dubbed the prospect of both Ossoff and Warnock winning the “blue ripple”.
Yesssss we won Senate too now Democrats control the house the Senate the white house and everything . Democracy is on the raise and all the republicans evilthugs time is over . Republicanparty has gone down the drainage. This is a good day for the world.makeworldgreatagain mega
skleb1234 BETTER than. Lying ❤️ Less TRUMP
this is terrible news Merry Christmas))
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