Gridlock [noun]

It’s very easy to see the Senate descending into one of its most gridlocked periods in an era already marked by gridlock.

Hendricks says removing this provision, which essentially lets one party veto measures it doesn’t like, would be helpful in eliminating some of the gridlock.

On Wednesday, the 10-year Treasury moved above 1 percent for the first time since March, as the outcome of the Georgia Senate race seemed to indicate the possibility of less gridlock, making another stimulus a more realistic possibility.

On Wednesday, congressional leaders neared an agreement on a roughly $900 billion relief package after months of partisan gridlock.

To be sure, Wall Street’s pundits and market strategists, along with plenty of journalists and even some top academics, are touting divided government gridlock as great news for the markets.

As LPL’s Jeff Buchbinder told Fortune’s Anne Sraders on Wednesday, “Stocks tend to like gridlock and taking out major policy disruption.”

Tuesday’s elections may have disappointed partisans on both sides of the aisle, but money managers cheered the return of gridlock.

If gridlock breaks, the doctrines that conservatives have developed might not stand in the way of new and quite extensive regulations.

Which means checks and controls could create massive, disruptive gridlocks at ports of entry.

That gridlock leads to extremely expensive housing overall and huge price spikes in strong markets such as today’s.