This is the best election outcome for markets


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Trump or Biden: Who will be better for the economy, for corporate profits, and for stock market returns? This is how many investors frame the 2024 presidential election. But focusing just on the two headline candidates misses a factor that may matter more: Markets do best under split government, when one party controls the White House and the other controls at least one chamber of Congress. From this perspective, the battle for control of the Senate and House of Representatives is just as important as the race for the White House. Stocks do better when neither party has the votes...