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The Blue Wave Trade: JPMorgan's "Democrat Factor" Soars 20% As Wall Street Prices A Sweep

The Blue Wave Trade: JPMorgan's "Democrat Factor" Soars 20% As Wall Street Prices A Sweep Prediction markets aren't the only place where traders are betting on a Democratic sweep. Over the weekend, we laid out Goldman's case that gas prices are steering the midterms, with Polymarket pricing a roughly 65% chance that Democrats take both chambers, a number the bank's own historical work suggests is too high. But for those who prefer their political bets with a ticker and a prime broker attached, there is another, far more lucrative gauge of how...
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