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Prediction Markets Show Democrats Heavy Favorites to Sweep Congress

Scaramucci said Democrats are poised for gains and warned that broken promises are pushing MAGA supporters away from Trump.

  • Former White House communications director Anthony Scaramucci predicted on Tuesday that President Donald Trump will be "trounced" in the midterm elections, describing the U.S. as facing a crossroads with two conflicting national visions.
  • Scaramucci cited Trump's unfulfilled promises regarding affordability, "forever wars," and transparency on the Epstein files as primary drivers of voter dissatisfaction, noting many in the MAGA movement are breaking from the president.
  • Kalshi traders report a 94.1% probability of Democrats taking the House and 75% for the Senate, while CNBC's All-America Economic Survey found 65% of respondents disapprove of Trump's economic handling.
  • If Democrats win, Scaramucci expects immediate bicameral investigations into the administration and an "intellectual civil war" within the Republican Party as leaders struggle to define their future path.
  • Regarding the Iran conflict, Scaramucci remains "bearish" on a diplomatic breakthrough and warns that war negatively impacts the stock market, while expecting "DNA elements of MAGA" to persist in 2028.
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Bias Distribution

  • 57% of the sources lean Left
57% Left

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, November 3, 2026.
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