Business
ASX tumbles amid prospect of a Democrat Senate win – The Australian Financial Review
The sharemarket fell for a second straight session, as investors rushed to price in the prospect of a Democratic win in Georgia’s Senate run-off elections in the…
The result of the run-off elections will decide which party controls the Senate. A win for the Democrats in Georgia would mean the party could take full control of Congress, with majorities in both the upper and lower chambers.
“Having control over both the legislative and executive branches could theoretically lead to sweeping changes to policy,” Vasu Menon, investment strategy executive director at OCBC Bank told Reuters.
“With
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