Bonds, Not Stocks, Are the Real Midterm Winners
Confetti falls as Senator-elect Doug Jones, a Democrat from Alabama, left, and wife Louise Jones greet the audience at an election night party in Birmingham, Alabama, U.S. (Photographer: Nicole Craine/Bloomberg)

Bonds, Not Stocks, Are the Real Midterm Winners

(Bloomberg Opinion) -- There's an old Wall Street cliche that says political gridlock is good for financial markets. The thinking is that a divided Congress can't do anything stupid that disrupts t...
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