alt Hacker NewsIt’s rather obvious that if the dems take the senate and the congress next week, it will be fight for survival for the ruling top, with Trump at the top spot, as they will be looking at a very real possibility of getting trialed and jailed.
Given what Trump did when he lost the election, we can bet that whatever comes now will be way way more nasty and disruptive.
Then, if the dems don't win, it will imply a massive scale of election fraud, which too will stir sh*t in another, but equally significant way.
So one way or another, the market volatility is all but guaranteed, and a significant market slide is also very likely as people will be parking in cash/gold for a while. And weak tech earnings is just the right trigger.
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Reminder that while the election for the next congress is next week, the next congress is seated in January. The political agendas from that new congress will likely materialize after the results of the election as campaign promises conform to the political realities of who has a majority, and by what margin.
If the Democrats win they will of course impeach Trump, but he can't be convicted without 2/3 of the Senate, and the Democrats have no chance of attaining that in the Senate. So the only chance of Trump being convicted while in office is if the Republicans turn on him, which I don't see happening without something very dramatic happening, like him attempting (and hopefully failing) to use nuclear weapons against Iran.
I thought you were referring to Dems adopting an anti-datacenter stance.
A clamp on down on DC construction would basically slam the current economy into a wall.
Lots of people celebrate that as being some kind of end of AI, but it wouldn't be, it would ultimately just throw gas on the fire of "we need to cut heads, figure out how to get AI to leverage your productivity".