Expect the Markets to Cool in the Next Congress: JPMorgan Strategist
The Dow Jones Industrial Average closed 500 points higher on Wednesday, following a Midterm election that returned the U.S. House to Democratic Party control. But Samantha Azzarello, global market strategist for JPMorgan ETFS, told Cheddar not to expect an overheated market in the next Congress. "We're not going to have another pop and another overheating of growth in 2019 and 2020," she said.
For full interview [click here](https://cheddar.com/videos/stocks-rally-after-midterms-elections).
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.