US Economy – Post midterm election key points

The American economy has always played a significant part in making decisions for economies in the world economy in both good and bad times. Currently, a picture of a looming recession in our path. The results of the present midterm election should be the result to be reckoned with. The decisions of the president and the US Fed would determine how the world economy would function in the coming year. A couple of important issues would be in the prime focus.

The prime economic indicators results play an important role in terms of how the stock market reacts. With the CPI- consumer price index, data due in November it is likely to shake things up in the US and Asian stock markets. With inflation going up as close to 9 percent it is hard to keep it at permissible levels. The election also adds volatility in the stock market, owing to the swing of power in the US Senate. We would have to see what the US policymakers would pitch in in terms of reviving the economy.

With the current economic conditions, it is to note that the dollar is weakening. It is strange to see the currency weakening, though compared to the rest of the important economies it continues to dominate in terms of its value. There is wider anticipation of the change in the policy front, of the US fed, on how they would tackle the situation, despite their vital economic indicators seeming to show a healthy range.

As per the research agencies, it is important to note that the voters are keener in terms of inflation, and how they impact in terms of their daily lives. And this is one of the important focus points, which also includes abortion rights- which continues to be heavily debated in recent times. The prices for food, fuel, and housing remain as dominant parameters of concern among voters, and policies to regulate the same are the main lookout post the mid-term elections.

Another key concern is in terms of the job market, which is concerning Americans since many are finding it difficult to get a job that pays for their daily needs. With product shortages still on the rise, it still remains to be seen what decisions would be taken to tackle the current crisis.

With the results, be it the Democrats or the Republicans controlling the senate, the concern of the economy is to be seen with the most importance. The livelihoods and future of the upcoming generation are all at stake, and a revival in terms of new policy implementation gives more predominance at this stage.