The 4 November there are the new Mid term election that set the scene for the 2016 “after Obama” Presidential election.
The focus of this election is the Senate. The House is already in solid hands of the Republican and now they will try to seize also the Senate.
If the Republican seize the Senate it will be a major issue for President Obama as both the House and the Senate will be against him – so the Republicans can put more pressure on President Obama’s .
Moreover a Senate win would give the Republican a series of important committees like Banking Committee and the oversight of the Federal Reserve activities.
Currently the poll give the Republican a 60% chances of winning, mostly due to the fact that a lot of Democrats do not vote in the Mid Term Elections.
Funny enough there is very little media coverage outside the US.
investorpolitico 