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Big Take: Big Money Isn’t Guaranteeing Wins in the Midterms
Source: Bloomberg
Elections & Domestic PoliticsInvestor Sentiment & Positioning
US midterm election spending is set to be the most expensive on record, with Federal PACs already raising $4.7B. In some races, the surge in spending appears to be backfiring, potentially increasing uncertainty around political outcomes.
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mildly negative
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