Credit Chris Nicholls

As former news anchor Dan Rather once remarked on election night, “This race is hotter than a Times Square Rolex.” This observation applies not only to the current presidential race between Kamala Harris and Donald Trump but also to the contest for control of both houses of Congress.

“It is very close,” says David Kelly, Ph.D., chief global strategist for J.P. Morgan Asset Management. “We have to think about five possible outcomes: divided government, a narrow Democratic sweep, a narrow Republican sweep, a landslide Democratic sweep or a landslide Republican sweep. Of those, I would say a divided government is the most likely outcome.”

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