Jim Rickards: A "Blue Wave" in Midterm Elections? Not So Fast
My specialty is global macroeconomic analysis. I don't usually get too involved in politics, and frankly I'd prefer to avoid the subject altogether.
But at certain times politics intrudes on markets and you have to account for it. With the midterm elections coming up in two weeks, it's certainly a very important time right now.
Tuesday, Nov. 6, is the date of the U.S. midterm elections that will determine control of the U.S. House of Representatives and U.S. Senate. The outcome of those contests will determine whether Trump is allowed to finish his term or not (see below for more on that, and which outcome is most likely).
Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis
