Natixis: US Midterms May Benefit Asia, AI Investment Cycle Faces Slowdown

Cointime reports: Natixis said in a Nov. 5 research note that Democrats retaking both chambers of Congress in the US midterms—gaining a net seven Senate seats and their largest House majority in nearly 20 years—will constrain Trump’s agenda over the next two years. The French bank said this could reduce energy, trade and financial policy uncertainty for Asia, an overall positive, though the AI hardware supply chain may come under pressure.