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).
U.S. states could face some hurdles as they experiment with road usage charging programs aimed at one day replacing motor fuel taxes, which are generating less each year, in part due to fuel efficiency and the rise of electric cars.
Amid peak summer travel, thousands of air travelers faced flight cancellations and delays this weekend as thunderstorms rolled in across the U.S. East Coast and Midwest.