UBS said markets are in risk‑off mode as the probability of a Democratic "Blue Wave" rises. That may increase headwinds for AI and data‑center investment and raise the risk of political gridlock over the debt ceiling and fiscal policy, intensifying n

2026-11-04

UBS said markets are in risk‑off mode as the probability of a Democratic "Blue Wave" rises. That may increase headwinds for AI and data‑center investment and raise the risk of political gridlock over the debt ceiling and fiscal policy, intensifying negotiations and bargaining.