The 2022 Election just Flipped

what is going on with the election well

here's everything you need to know about

the latest drama regarding the election

right now let's talk about the Senate

the Senate hangs in a balance of 49

seats for Democrats 49 seats for

Republicans this is a big deal because

it means that Democrats need just one

seat to win control now you might think

to yourself wait a minute Kevin 49 plus

49 that's two seats left for election

and this is true but Democrats only need

one seat to go from 49 to 50. add the VP

Kamala Harris as a tie-breaking vote as

the 51st vote and you beat Republicans

even if they get to 50. because that's

actually where we stand now and have

been at for the last two years a 50-50

Senate with Kamala Harris as the

tiebreaker now of course you have

mansion and Cinema which have made the

Democratic agenda a little bit more

limited or restricted in its progress or

progressiveness and a lot of people see

that as okay a lot of people call called

mansion and Cinema basically closeted

Republicans trying to pull America

towards the middle or they're evil

Democrats however you look at it doesn't

matter they're still going to be around

either way if Democrats get to 51 seats

though if they win the next two then at

least they'll have a little bit more

Edge only having to convince one of them

rather than both of them right and

that's still possible in fact if you go

to predictit.org the betting markets are

suggesting that Democrats are actually

going to end up with 51 Vote or 51

Senate seats and Republicans will end up

with

49. that means you can actually knock

out the opinions of one of those people

Mansion or Cinema to get legislation

passed but that does you no good if the

Republicans control the house so let's

talk about that but look at these odds

here we're at 98 cents that Democrats

are going to control the Senate and then

obviously the odds would be less that

they're actually going to get both seats

but that's that's the majority opinion

right now is that they'll end up getting

both seats uh we'll see that's going to

come down to the Georgia runoff which

you can see right now is leaning blue or

leaning Democratic at 76 cents that

means that Raphael Warnock or the

Reverend would win over Herschel Walker

who's endorsed by and endorsed and

backed by Trump now speaking of trump

before we talk about the house what's

going on with Trump and how does he feel

about the fact that Arizona was just

called for Democrats and where's this

major announcement that he keeps

alluding to that everyone's waiting for

well here's what Donald Trump is up to

on Truth social he says the following

idiot and possible corrupt officials

have lost control of Tainted election in

America and then in all caps machines

broken in Republican areas so folks only

in Republican areas the voting machines

are broken they're rigged okay according

to Donald Trump a new election must be

called for immediately so let's let's

redo all of Arizona uh Arizona by the

way the votes came in at uh

1.128 for Mark Kelly the Democrat uh

also the incumbent and then Blake

Masters had just over a million and five

votes so you do have a Delta there it

wasn't I mean a Delta of about 123

000 votes maybe even 124 000 votes uh

that's that's a lot that's about nine to

ten percent of a difference so that's

not really like a nail biter like what

we're seeing in Nevada Nevada you've

actually got the Republican ahead right

now but or by only

900 votes and that 900 votes is going to

be conditioned or like the outcome of

that uh polling in Nevada is going to be

dependent on counties like Reno which is

a flip area and Clark which tends to be

a little bit more left-leaning so you

know this is why I think the betting

markets are suggesting Dems have a good

shot at taking Nevada and then of course

we have to wait for Georgia until

December 6 because that's when the

runoff is anyway Donald Trump continues

his rant here you can see that was

posted uh the first one there was 10

hours ago then you have a 49 heater

advertisement it's actually cool that

they actually have advertisements

running uh so they're getting their

platform going but anyway 10 hours ago

11 hours ago what do we have from Trump

rigged elections open borders equals

third world country the US is a failing

Nation you know now I hate saying it but

I I mean for Donald Trump I think he's

really just shooting himself in the foot

over and over again because I really

don't think the majority majority of

Americans think the U.S is a failing

Nation now there are probably more

Americans who question elections but I

don't think people in general think

we're a failing Nation but but hey maybe

you do let me know in the comments what

do you think are we a failing Nation

anyway I just think some of these

comments are really extreme but then

again they get attention right now

they're finding all sorts of ballots in

Clark County remember that's the one

that I said Elaine's left right they're

pulling out all stops to steal the

election from Adam laxle Mitch McConnell

the Republicans broken down Senate

leader does nothing about this he's too

busy spending vast amounts of money on

bad Senator Lisa M of Alaska when Kelly

s is far better should have fought and

stopped the steal in 2020 gave Dems 4

trillion dollars never use debt ceiling

he's the worst and this is where he's

referring to uh essentially negotiating

a budget increase in actually passing a

budget rather than and shutting down the

government over the last two years and

even though Republicans didn't vote for

Biden's fourteen hundred dollar stimulus

check that you needed the debt ceiling

to be able to pull that off uh or at

least you could have a guess in

retrospect said hey well you passed that

1400 stimulus check now we're just gonna

shut down the whole government because

the those negotiations happened like six

months later anyway that's Trump we

still don't have the major announcement

from Trump there was some talk that

Donald Trump is going to wait to see how

the Nevada election shakes out and then

maybe we'll have a major announcement

from Trump which is obviously expected

to be his front-running presidential

campaign for 2024. maybe we'll have that

next week but others are saying no

Donald Trump you should wait until the

Georgia runoff but either way we also

have the House of Representatives which

currently sit at a balance of 201 seats

for Democrats and 211 seats for

Republicans this means in order for

Republicans to have control of the house

they only need seven seats and they're

about 23 elections left so out of 23

elections you really only need to win

one in three elections for Republicans

to take control of the house and so if

you're wondering like hey are we going

to see gridlock the predicted betting

markets are putting this at an 84

percent chance that we're going to see a

republican house and a

democratic-controlled senate so you will

see that gridlock these are where the

elections are left you've got one over

here in Maine New York you've got Alaska

but most of the elections are over here

on the West Coast a little bit in

Colorado Arizona but if you individually

click on these and see almost all of

these elections are very very close I

mean look at this this is less than 100

votes apart this election over here this

election is about 15 000 apart but

that's all Dems so that one doesn't

matter it's a Democrat running versus a

Democrat here's one Republican inverse

Democrat is is less than a thousand

votes apart here's another one Democrat

versus uh versus a republican this one's

about 13 000 apart you've got another

twenty thousand apart over here seven

thousand apart over here uh four

thousand apart over here but if you just

look for where red is leading uh you've

got a leading red in California is 45

over here so there's one there's a

leading Republican but only by uh uh by

about uh actually yeah well by about two

thousand two thousand-ish votes over

here so let's just say that's two

Republicans right there remember you

only need seven so uh and then

Republicans have control of the house

which leads to gridlock here's another

one Kylie I ran against him for governor

that's cool there's I debated with him

too that's three that's four right here

for Republicans

that is not Republican that looks like

damn here's five for Republicans go over

here damn leading here's a republican

that's six

let's pop over here to New York here's a

republican that's seven there you go

you're right you're at 218. and then

that's assuming you don't lose just

those seven and you don't get any kind

of more flips than some of the other

districts that that we just didn't all

click on so what does that mean for the

stock market well actually I think it's

relatively bullish for the stock market

because I would expect that come next

week so probably buy the uh you know

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estate investing but what does it mean

for the stock market so look the stock

market is looking for gridlock the stock

market is looking for Republicans to

take the house it seems like about 85

percent likely that Republicans are

going to take the house and it seems uh

well it is still possible that Democrats

can get control of the house uh it seems

very very slim so I think markets are

confident that Republicans are going to

create gridlock sure Democrats could end

up getting 51 seats in a democratically

controlled Senate and that will let them

water down the power of mansion and

Cinema one of them

it's not going to be enough for them to

actually be able to really pass

legislation through the house because

the house will be controlled by

Republicans and they will probably stop

anything that they don't agree with that

is not bipartisan and that's really what

the stock market looks forward to so

generally we see the largest stock

market returns in the year following a

midterm election on average 18 to 19

percent this isn't really an average

year though you know obviously with the

craziest inflation that we're seeing but

when you combine the year after a

midterm election with the fact that

inflation may be peaking you could

actually be destined for a really strong

stock market over the next 13 months so

basically from now through 2023 which is

super exciting so anyway fingers crossed

thanks so much for watching and folks

we'll see in the next one