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  • Well, guess what?

  • Now you're gonna have to do it again.

  • Come January 5th, they got a vote in record numbers again.

  • Three.

  • US is facing another major election, this time over control of the Senate investors air watching the Georgia Senate run offs closely.

  • It's been a major political unknown since the November presidential election and could ripple through asset prices.

  • Various analysts say that a flip to Democrat control could put more pressure on the dollar and sparked Treasury debt yields higher, while Republicans keeping control could fuel equities.

  • What's at stake?

  • There are two Senate seats up for grabs, both in the southern state of Georgia.

  • Incumbent Republican senators David Perdue and Kelly Leffler are facing off Democratic challengers Jon Ossoff and Raphael Warnock.

  • Republicans need to win one seat to maintain a slim majority.

  • If Democrats sweep the twin run offs, the chamber would be split 50 50.

  • The tie breaking vote would go to Vice President elect Kamala Harris, giving President elect Joe Biden's party full sway over Congress.

  • Ah unified government would present Biden with enhanced ability to reshape the world's largest economy from rewriting the tax code to boosting stimulus and infrastructure spending So how are the election outcomes likely to affect markets?

  • Some analysts say Republicans winning both seats would be positive for stocks and limit the need for investors to tweak portfolios.

  • Any policy changes the Biden administration tries to bring would have to garner bipartisan support and necessarily be more moderate for the battered US dollar.

  • It could mean less government spending and less risk of tax hikes.

  • Democrats, nabbing both seats, has the most potential for market upheaval, according to analysts.

  • Biden has in the past proposed raising corporate tax.

  • This is viewed as negative for stock prices.

  • But no matter the outcome for investors, there should be at least some relief at long awaited clarity over the balance of power in Congress.

Well, guess what?

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