What do the coming midterm elections mean for your portfolio? Motley Fool Income Investor advisor James Early says that more than just defense contractors such as Northrop Grumman could benefit from a Republican majority. See, the recent financial-reform law would seem to have already chartered the course for near-term financial regulation, but in fact, it puts off numerous decisions for various agencies to decide -- agencies that might lean toward incumbent banks such as Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), and Goldman Sachs (NYSE: GS). And if Democrats keep control of Congress? Don't be surprised to see a bump in infrastructure spending, which would benefit stocks such as Cemex (NYSE: CX) or Fluor (NYSE: FLR).

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