Ray Dalio says 2026 US midterm elections could reverse Trump policies
The balance of power tends to shift every two years because political parties typically overpromise and underdeliver, according the billionaire hedge fund manager.
The balance of power in the United States Congress may shift in favor of Democrats in the 2026 midterm elections, fueled by inflation concerns, threatening to undo regulatory policies under the Republican Party and US President Donald Trump, according to billionaire hedge fund manager Ray Dalio.
“The affordability issue will probably be the number one political issue next year, contributing to the Republicans losing the House and a very messy 2027 on the way to a very interesting 2028 election,” Dalio said, adding:
The crypto industry is one of the biggest beneficiaries of the Trump administration’s tech-focused policy agenda centered on digital technology and artificial intelligence