A cyclist pushes a bicycle past a Metro green line light rail train wrapped with a “Beat Inflation” advertisement for the 99 Cents Only Stores, in Redondo Beach, California. Photo: AFP
A cyclist pushes a bicycle past a Metro green line light rail train wrapped with a “Beat Inflation” advertisement for the 99 Cents Only Stores, in Redondo Beach, California. Photo: AFP
Marcella Chow
Opinion

Opinion

Macroscope by Marcella Chow

Markets have bigger worries than US midterm election results

  • Investors are far more concerned about inflation, further monetary policy tightening and recession risks
  • In a way, a gridlocked government would remove uncertainty over new regulations and taxes, and make further stimulus less likely

A cyclist pushes a bicycle past a Metro green line light rail train wrapped with a “Beat Inflation” advertisement for the 99 Cents Only Stores, in Redondo Beach, California. Photo: AFP
A cyclist pushes a bicycle past a Metro green line light rail train wrapped with a “Beat Inflation” advertisement for the 99 Cents Only Stores, in Redondo Beach, California. Photo: AFP
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