via The Election In 1 ‘Uncomfortably Divided’ Nation Chart | Zero Hedge.

… As Bloomberg’s Richard Breslow noted this morning,U.S. midterm elections yday turned out pretty much like the polls suggested; I was a little surprised to see how many stories led with economy and how many exit polls said that — it may have been the economy, but it’s not that it’s doing particularly poorly. If anything, the numbers are doing ok, it’s that people felt the distribution of the “ok” had got the balance out of whack, that neither party was listening to Main Street, aka, the citizenry.

Democrats had the bad misfortune of being the Ins, and the Ins got thrown out. This really was a wakeup call for the establishment writ large, not particularly a poke at the Democrats other than more is expected from them.

Having said that, elections have consequences, so we’re in for an interesting period; I did read one portfolio manager in Europe saying this would be good for the economy, decision making would pick up. I don’t see it – I think you just have an electorate that felt deserted by the people they thought would protect them, and Washington became synonymous with Wall St. Helps explain a lot of more populous frustrations globally.

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via The Election In 1 ‘Uncomfortably Divided’ Nation Chart | Zero Hedge.