If the Democrats win the Senate by-election in Georgia, U.S., it will drive U.S. stocks

In Daily Market Review, English
04 1 月, 2021

The focus of the market this week is the by-election for the US Senate in Georgia on Tuesday (5th). Because Biden’s Democratic Party has gained control of the House of Representatives in the November general election. If it can gain control of the Senate again this week, it will help it govern in the future. In the past, the Democratic Party’s economic rescue plan was often larger than the Republican Party’s, so it is conceivable that this week’s Georgia State Senate by-election was won by the Democratic Party. It is expected to bring some stimulus to the US stock market. It may be considered unfavourable to the dollar. Because a larger-scale economic rescue plan means that the Fed must expand its quota to cooperate.

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