Special report: Election Reflection: Fundamentals and Market Cycles
Market forces tend to be a lot more reliant on cycles and mean reversion than anything else. The point here is that if the cycle dictates a market is stretched and needs to unwind from stretched levels, the market will find a way to lean in the direction of the fundamentals that support the cycle.
Next 24 hours: Sentiment up on Midterm Results…But for How Long?
We didn't see much change in the market from those early hours when the news of the US midterm results came across the wires. It was a day in which stocks were rallying and the Dollar was selling off, presumably on an expectation that the Dems retaking the House will put the brakes on the administration's populist ambitions.