$TENCENT(00700.HK)$ Over the past few years, the stock market has brought in good profits, and recently experienced quite a bit of loss. From a human perspective, all the worries, fears, and displeasure actually come from a mismatch between the perceived time frame and the return period. Whether it is suitable for investment has little to do with whether you are smart or not, but rather depends on managing your own desires, perseverance, and whether you know how to delay satisfaction.

$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US)$ The US midterm elections are coming to an end, with the Democratic Party taking the lead in winning 50 seats and locking in control of the Senate (Senate). At the same time, according to the current “lead” situation, the Republican Party has basically won the House of Representatives (House), but the lead is within 15 seats. This means that a situation of splitting the National Assembly has basically taken place, but it is quite different from the “Red Wave (Red Wave)” expected by the market, that is, the big victory of the Republican Party (the House of Representatives leads by 30 seats and wins the Senate). The Democratic Party's performance was stronger than expected.
This is the first time that the US has allowed “mail-in ballots,” and a large number of mail-in ballots are biased towards the Democratic Party. This has also caused swing states such as Nevada and Arizona, which are anxious, to end up favoring the Democratic Party. If this situation continues, I'm afraid the 2024 general election will cause even greater changes. I wonder if Trump's Republican Party will come up with more ways to deal with it?
As for the impact on future policies?
1. Splitting Congress will make administration more difficult for the Biden administration.
Although some executive orders can be directly signed and put into effect by the President, they all need to be passed through the National Assembly when it comes to key taxation, debt issuance, etc. The Democratic Party has always implemented aggressive fiscal policies by “raising taxes, supporting anti-monopoly, and increasing the government budget,” when the control of Congress is in the hands of the Republican Party...