Donald Trump will be humiliated within days, but the midterm elections will be good news for share prices, says HAMISH MCRAE

Everyone in the capital here is preoccupied with the outcome of the midterm elections, now just nine days away.

It’s a huge political story: the near certainty that the Democrats will take control of the House of Representatives and a chance that they will also capture the Senate. Either way, Donald Trump will be humiliated.

But there’s another story that hasn’t attracted nearly as much attention – the financial one. 

It is the overwhelming probability that the result will be good for share prices, clearly in America and also most likely for other markets including the UK.

That’s not an anti-Trump comment, or a

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