"If the Democrats win both the House of Representatives and the Senate, Trump might get impeached later on, and the market impact will be bearish." Also a quick reminder, y’all know me I always come back to my posts, even if I lean toward a particular scenario. Here are the three scenarios I’d seen playing out after the midterm results. The one I was leaning toward was a 50/50 split, so I was wrong about that. The right scenario was a scenario where Democrats win both the Senate and the House of Representatives, with a bearish market impact. Remember, though, that the market impact comes with short-term volatility, it does not dictate the market direction. This volatility will eventually translate into higher prices, but at first the impact is bearish because of the post results. P.S. I know it’s not something we wanted, which is why I was leaning toward a 50/50 split at first. But that’s what we got, and that’s what we have to work with so we can position ourselves better.
RawlShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
