After continuing to brush off high-decibel trade spats between the U.S. and its global trading partners as well as President Donald Trump’s legal woes, the bull market’s next challenge might come from the ballot box.
“Markets will be closely watching the upcoming midterm elections as shifts in the balance of power in Washington could have meaningful implications for fiscal policy and foreign relations,” said Niladri Mukherjee, director of portfolio strategy in the Chief Investment Office at Merrill Lynch and U.S. Trust, in a note.
