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Odds that Democrats hold onto the Senate surge as the votes trickle in

Started by forex4you, Nov 09, 2022, 11:50 am

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Odds that Democrats hold onto the Senate surge as the votes trickle in

<p>Republicans are still highly likely to take the House so it's not hugely consequential what happens in the Senate -- at least not for the next two years -- but a red wave is looking increasingly unlikely.</p><p>Earlier today, Predictit had the Senate at 82% likely to go to Republicans. That's now down to 39% as the results begin to come in. One place that's looking particularly strong for Democrats is Pennsylvania, where Dr. Oz was in a toss-up race for a seat that was held by a retiring Republican.</p><p>Georgia looks like it's headed to a run-off in December so control might not be decided until then. </p><p>The other one to watch is in Nevada, which polls showed the Republican ahead but Predictit now shows a slight Democrat lead. Those numbers are just beginning to trickle in.</p><p>The highly unlikely event today would be Democrats holding the House and the stock market would not like that. There have already been at least 3 seats flipped to Republicans and they only need a net 5. In any case, Predictit has Dems with a 19% chance, up from 8% earlier.</p>

                This article was written by Adam Button at forexlive.com.

Source: Odds that Democrats hold onto the Senate surge as the votes trickle in

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