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Good morning everyone. I am Eric Kruckky and I'm here with Amy Keene and it is election night here in the United States.

That's right, we're standing here in the middle of the Financial Times Newsroom in New York and the results are finally coming in. Massive turnout coast to coast.

Look at this line inside a gym in DeKalb County, Georgia.

The line here has virtually doubled with, as you mentioned, all the people coming home from work.

This line snakes through the entire building.

The early indications here in markets are

they're beginning to lean towards a possibility

that the Republicans do retain control of Congress,

therefore tax cuts are back on the table and that means markets have to recalibrate.

Now what we're seeing is this different type of electorate, right?

We're seeing a diverse electorate.

We're seeing people of color coming out.

Some were the electronic machines weren't working, others a judge actually in northwest Indiana

had to extend the polling hours until well after the normal closing time.

It's going to make for a late night even later. It's absolutely remarkable Texas situation.

Well, every time it looks like the Democrats are inching ahead,

yields go down because people get scared of a wild spending spree and equity

stabilites and whenever the Republicans look like they may possibly take the House, the

reverse happens.

We can now officially project that the Democrats will take control of the House.

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