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International Business Times
International Business Times
Politics

The Midterms Are Coming. Wall Street Sees A Debt-Ceiling Battle In The Future.

With the election about 10 weeks away, investors are increasingly considering what a shift in congressional power could mean for stocks, bonds and fiscal policy. (Credit: Getty Images)

Wall Street is turning its attention to the November midterm elections as Democrats gain an edge in the battle for the House, raising the possibility that President Donald Trump could spend the final two years of his term dealing with a divided Congress.

Democrats lead Republicans by roughly six percentage points on the generic congressional ballot, while election forecasts generally give the party a better chance of taking the House than the Senate. With the election about 10 weeks away, investors are increasingly considering what a shift in congressional power could mean for stocks, bonds and fiscal policy.

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