There are some close races in the U.S. Senate for most of the political season, which is important because the real economic decision-making is in the hands of Congress. The outcome of these Senate races will determine far more economically than the outcome of the presidential contest.
Below are the races that are still judged as too close to call, even if there is a clear leader in some of them at this point. If the Democrats take five of these races and/or hang on to the ones they have a big lead in (not listed), they will retain control of the Senate. The GOP needs to take eight of these and win the ones they consider safe (also not listed) in order to win back control of Congress’ key chamber:
Arizona—Jeff Flake vs. Richard Carmona.
Connecticut—Chris Murphy vs. Linda McMahon
Indiana—Richard Mourdock vs. Joe Donnelly.
Massachusetts—Scott Brown vs. Elizabeth Warren.
Missouri—Claire McCaskill vs. Todd Akin.
Montana—Denny Rehberg vs. Jon Tester.
Nevada—Dean Heller vs. Shelley Berkley.
North Dakota—Rick Berg vs. Heidi Heitkamp.
Pennsylvania—Bob Casey Jr. vs. Tom Smith.
Virginia—George Allen vs. Tim Kaine.
Wisconsin—Tommy Thompson vs. Tammy Baldwin.
-Chris Kuehl, PhD., NACM economist
(Note: See extended version of this story in FCIB's news blast or the Executive Intelligence Brief, penned by Kuehl’s Armada Corporate Intelligence organization).