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Bank of America strategist sees more than 10 percent stock downside under a Democratic sweep priced at 61 to 63 percent
- Bank of America strategist sees more than 10 percent stock downside under a Democratic sweep priced at 61 to 63 percent — Prediction markets on Kalshi and Polymarket put a Democratic sweep of Congress at roughly 61 to 63 percent, with a split Congress around 30 percent and a Republican hold of both chambers around 10 percent, according to Disruption Banking. The report says Hartnett sees more than 10 percent downside for US stocks under a sweep outcome, while options markets expect only a 0.8 percent move on November 4. (Disruption Banking)
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