While the story is played out in line with expectations, as the Democrats lose their majority in the House of Representatives and are faced with reduced majority in the Senate. The market response was very vague, this is partly expected, but in reality because the Fed's influence on the market - is far greater risk factor. Arguing wider it should be noted that it could paralyze policy or force the president to work with Republicans on deficit reduction. Reagan and Clinton successfully returned after his defeat in the midterm elections, so that the political game may still continue.