Democrats take Congress, but sweeping change looks unlikely

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Publication date: 05 November 2026

Published by: Allianz Global Investors

The 2026 US midterm elections have delivered Democratic control of both the House and the Senate. In our view, the outcome points to more political friction than policy transformation. But greater congressional oversight and constraints on the administration could make the policy backdrop more predictable for investors, while shifting the relative appeal of sectors, asset classes and regions.

Article originally published by Allianz Global Investors. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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