Market News / Story
Midterms present 10% swing risk for Wall Street - BofA
Seeking Alpha ·
Seeking Alpha reports: The upcoming U.S. midterm elections are positioning themselves as the main catalyst for a potential 10% market movement into 2027, according to Bank of America Securities. In BofA's latest Flow Show note, strategist Michael Hartnett pointed to growing election-related volatility as prediction markets now place a 64% probability on a Democratic sweep—up from 49% in September—driven by voter anxiety over affordability, war, and AI development. A split Congress sits at a…