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Market Impact: 0.18

Yardeni Says Market Hasn’t Fully Priced a Blue Wave

Source: Bloomberg

Elections & Domestic PoliticsInvestor Sentiment & Positioning

Yardeni Research president Edward Yardeni said a potential Democratic “blue wave” in the US midterm election could be a “very cold shower” for markets because of anticipated government gridlock. The remarks are a conditional market assessment, not a report of an election result or realized market move.

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