Bloomberg Poll: 72% of Respondents Bullish on Bitcoin Under Republican Control of Congress, 29% Expect It to Break $100,000 by Year-End
Regarding the S&P 500, when Republicans control Congress, 65% of respondents expect US equity gains to accelerate or maintain their current pace over the next 12 months (year-to-date monthly average gain of approximately 1.3%); this proportion stands at 37% and 44% respectively under Democratic control or split control of Congress. On the bond front, Democratic control of Congress is viewed as more favorable, with 53% of respondents expecting US Treasury yields to decline, compared to 36% and 26% under split control and Republican control, respectively.
