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US Midterm Elections, AI Trade, Crude Oil: What Peter Cardillo Expects For Markets

Summary by NDTV Profit
A potential Democratic takeover of both chambers of the US Congress could slow President Donald Trump's policy agenda, but Peter Cardillo believes the market reaction may be short-lived.

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Energy prices have been very hectic this year, and now we are facing another market-shaking event. The results of the US midterm elections on November 3 could have a significant impact on the stock market prices of oil and natural gas. Our colleague Béla Király discussed these issues on Trend FM's Morning Monitor program.

Energy prices have been very hectic this year, and now we are facing another market-shaking event. The results of the US midterm elections on November 3 could have a significant impact on the stock market prices of oil and natural gas. Our colleague Béla Király discussed these issues on Trend FM's Morning Monitor program.

The US mid-term elections 2026 will affect the markets. TCW foresees three scenarios: Republican or Democratic victory, or split Congress, with various sectoral impacts.

The impact of the mid-term elections on the actions goes beyond the rally or the general decline of the lists: on November 3, democratic gains would give the party more weight on federal investigations and spending. Health, defense, crypto, banks and artificial intelligence have different things at stake. President Donald Trump, in any case, would maintain the [...]

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NDTV Profit broke the news in Mumbai, India on Monday, November 2, 2026.
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