After the US midterm elections: an asset manager predicts continued AI growth

Xavier Volatier of Transatlantic Private Wealth, in an interview with Euronews, assessed the consequences of the US midterm elections for the markets: in his view, the investment picture will not change significantly, and growth in the AI sector will continue for many more years. According to Euronews, the elections ended in defeat for the Republicans at almost every level.

Aziz KarimovFirst published on tafs uz 5 November 2026 at 13:321 min read

The key facts

The Democrats will likely win both chambers of Congress in the midterm elections
The asset manager does not expect major changes in the investment climate
He predicts the AI sector in the US will keep growing for many years

Elections and expectations for the markets

The US midterm elections took place on Tuesday, and, according to Euronews, voters at almost every level voted against the incumbent Republicans. As a result, the Democrats will likely win both chambers of Congress, which will create an obstacle to Donald Trump's and the Republican Party's legislative agenda when the new Congress convenes in January.

Assessment by an asset manager

Xavier Volatier, head of Transatlantic Private Wealth, told Euronews' Stephan Grobe that Americans 'remain optimists' and that diversification remains the key principle. In his words, when it comes to overall investments, there 'should not be too much difference' after the elections, and he maintains an optimistic view of the American economy as a whole.

AI and interest in Europe

Volatier named attitudes toward artificial intelligence as one of the main changes in the new composition of Congress: in his view, it is here that 'probably the biggest changes' will occur in the coming weeks. Based on his experience managing clients' funds, he predicts that the 'enormous growth' seen in the American AI sector 'will continue for many years.' In addition, he noted growing demand from American clients 'willing to invest in Europe.'