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Democratic sweep a bigger win for Asia than markets realize

Asia’s markets reacted to the Democrats’ sweep of Congress as if the region had lost. Over the next year, it’s likely to come out ahead. The early selling was loud and narrow. South Korea’s benchmark plunged as much as 4% before finishing the day 0.6% higher. Japan’s Nikkei fell around 3%, yet roughly 95 of […]

The post Democratic sweep a bigger win for Asia than markets realize appeared first on Asia Times.

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