election odds show that the democrats are likely to lose some control in congress an unexpected outcome—another blue wave—could spell trouble or joy for stocks in specific sectors currently the democrats have control of both the house of representatives and the senate but it looks like that will not be the case soon a higher disapproval rating for president joe biden has coincided with redhot inflation now prediction markets say that there is a 90 chance that democrats lose one or both of the chambers in congress