Why investors like deadlocked US politics

Even if the Democrats hold the Senate, Joe Biden's policy options are constrained after the US mid-terms. (Image: Getty)

Warren Couillault

Sat, 12 Nov 2022

There are potentially interesting changes afoot at present in the mood of financial markets. The doom and gloom that we have endured for much of the past 12 months, as securities and broader asset pricing have adjusted to deteriorating underlying fundamentals spurred by a spike in inflation might, and I stress might, appear to be abating. We are seeing some recent gains in stock markets.I read my October review of the returns posted by key share markets and certain leading funds and the pages were filled with green rather than red in...

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