Financial markets are positioning themselves for a scenario described as a "lame duck" America, a situation many operators anticipate materializing after the midterm vote on the Trump administration. This outcome has been forecasted for months and is partially already priced into market valuations, though it is expected to carry significant consequences.
The primary concern involves increased pressure on artificial intelligence stocks, which are recovering from a difficult October. During that period, the Nasdaq index fell by 7%, leading investors worldwide to begin questioning the sector's trajectory. The potential coexistence of a Democratic Congress and a Republican presidency is driving these market adjustments and heightening scrutiny on Big Tech companies.
Sources: La Repubblica.