There’s this parody of Guardian readers children’s parties, where pass the parcel involves presents with every layer, and nobody is ever eliminated from musical chairs. This “all must have prizes” mentality seems to have reached US politics, as it appears that everyone won the midterms: the Democrats, the Republicans, Nancy Pelosi and President Trump.

Who really won, and – ummm – does it matter? I’m diving into the numbers and letting you know who should be pleased.

Robert Smithson

Robert tweets as ‘@MarketWarbles’

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