Business

Stock Market Risks with Democratic Sweep

Updated 2026-10-09 15:10 UTC 1 source Negative

Bank of America’s chief equity strategist, Michael Hartnett, warns that a potential Democratic sweep in the midterm elections could significantly impact stock markets. The rising probability of Democrats taking control of both houses poses a 'meaningful' threat to risk appetite.

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MarketWatch

Here’s how much stocks could fall if the Democrats sweep Congress, according to BofA

The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite, said Michael Hartnett, Bank of America’s chief equity strategist.

2026-10-09 15:02 UTC