Wall Street seeks shelter in Treasuries as midterms threaten to throw Washington into a fiscal gridlock

With only a couple of seats left to be called in the midterm elections, a “blue wave” is preparing to wash through Congress. Voters made it clear they were unhappy with Republicans in the first two years of President Trump’s administration, with 54 Democrats elected to the Senate and 44 Republicans, as of this writing, per CNBC . Consumers will want to see action on issues close to home from their newly elected officials, namely affordability and inflation . Military conflict with Iran has pushed up oil prices and, as a result, gas prices.

Source: Fortune Crypto