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Bank of America and JPMorgan weigh equity impact of midterm sweep odds on prediction markets
- Bank of America and JPMorgan weigh equity impact of midterm sweep odds on prediction markets — Europe Says, citing Disruption Banking, reports prediction markets put a Democratic sweep of Congress at roughly 61 to 63 percent, with a split Congress at about 30 percent. Bank of America strategist Michael Hartnett called a sweep the main catalyst for a double-digit equity move into 2027, while JPMorgan analysis in the piece put historical S&P 500 returns at 21 percent under gridlock versus 18 percent under unified control over the following two-year term since 1950. (Europe Says)
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