The US midterm election will be held tomorrow. The duel of the Republican Democracy will become the most intense election campaign for many years.When President Trump saw that the election was not good, he kept traveling on the weekend to go through several states. As a result, the battle was not only a dispute between the power of Congress, but also his "referendum", and the Democratic Party gathered "anti -special" all parties.Power fights with him and seek to pull him down, so he must keep his efforts and stabilize his position.
However, from the latest situation, the Democratic Party has a strong momentum and the chance of victory has risen. Even Trump had to admit it for the first time that opponents may control the House of Representatives.If the result is really the case, of course, the anti -special camp is the first to be celebrated, but it is not necessarily a good thing for the US economy and the stock market. The trade war will not be awarded the troops, and it is still difficult to relieve the pressure on China.
Special three cards are difficult to block the crowds' losses
On the eve of the election campaign, Trump continued to play three cards: First, the immigration card, he used nearly 10,000 Chinese Americans to force the opportunity to make the United States and deliberately create a refugee crisis.Encourage voters to vote for Republicans to stop refugee;
The second is the economic card, which emphasizes the ideal of economic growth. The stock market has risen, and the stock market will worship the policies. The Democratic Party will be a "loser"; the third is the tax reduction card. He threatened that the tax payment will be reduced by 10 percentage, all of which are happy.However, these tricks seem to fail to resist the wave of "anti -special". The Democratic Party has played with a large number of "political amateurs", including many women and ethnic minorities, which will inspire anti -special voters to vote, which is extremely detrimental to Republican candidates.
After the past elections, because the political situation becomes clear and the stock market will increase, but this situation is not the same. If the Democratic Party is expected to obtain the House of Representatives in one fell swoop, and the Republican court resisted the court, the US economic and political factors will have uncertain factors, which is not good for the stock market.Essence
First of all, some policies after Trump came to power, obviously "benefit business", including reducing corporate profits taxation, relaxation of financial regulation, expanding infrastructure investment, and promising to reduce middle class to pay taxes.However, the result of decreased taxes and increased expenses is "destroying the red".If the Democratic Party has won the House of Representatives, it is restricted by Trump's interests and tax cuts, and the driving force for economic growth will weaken.
The federal government's financial expansion is limited, coupled with the reduction of corporate profits in trade war, and the impact of the fading of other countries' economies, all will suppress the rise of the stock market and enter the anti -wind area from the wind area in recent years.
Economic and disadvantaged economy
In the United States Congress, Trump's political situation will become unclear, the storm is inevitable, and the economy can have no wind and waves?
The Democratic Party's scandal involved in Trump has long been rubbing his hands and waiting for the opportunity to chase. Once it obtains more than half of the seats in the Senate, it is bound to chase and fight. Among them, it is mainly for his "Tong Russia".The case, even if it was difficult to pull him off in the end, it would cause great trouble for him.
As for the impact of the results of the midterm elections on the Sino -US trade war, it should not be too optimistic.In fact, the Republican and Democrats are quite consistent with the stance of curbing China's expansion. Even if the situation of the parliament has changed, it will not be softened from China.
Trump blew out the wind earlier, saying that he talked with the national chairman's leader to talk about trade war, and would meet with him at the G20 summit later to create an atmosphere of eased trade war.The Ministry has criticized China to steal US intellectual property rights and sued Fujian Technology Company Jinhua Group to steal US $ 8.7 billion in commercial secrets in the US company. It is obviously soft and hard -handed.The Democratic Party does not necessarily be friendly to China, and constantly shot a gun on human rights issues in China.
It is foreseeable that no matter what the midterm elections, the haze of the trade war is still difficult to dissipate.