Check Joe’s prediction in real time: China will respond with hot air to America's shootdown of its spy balloon; the earthquakes in Syria and Turkey will have significant geopolitical ramifications; the State of the Union will be a cringefest, but it could still be good for Biden.
Read MoreThe Charles McGonigal/FBI corruption story will only get more insane; Jerome Powell will not indicate when he expects to slow down interest rate increases; and we'll get marginal clarity about the Freedom Caucus' demands.
Read MoreThe drip-drip of Biden classified documents will continue; Russia's reported escalation of its shadow war against the West will have little impact on tanks being delivered to the front in Ukraine; and Q4 Real GDP comes out Thursday and Core CPI comes out Friday, but neither will clear up where the market is going in Q1. All in this week's Coming Down the Pike.
Read MoreAs Secretary Yellen has warned, the U.S. will hit the debt ceiling on Thursday; after Britain's move to provide Ukraine with tanks, Germany will face more pressure to do the same; following the pattern of last week's unemployment rate news, new jobless claims will be lower than expected; and someone will fix Joe’s dishwasher.
Read MoreDemocrats shocked the world (of pundits) at the midterms, Russia retreated from Kherson, Elon Musk bought Twitter for $44 billion and proceeded to make every wrong decision imaginable, Republicans will take back the House by one seat, rhetoric around inflation will start to change, and humanitarian aid may begin to arrive for a place that badly needs it.
Read MoreNow that the CCP's Party Congress is over, the window for a North Korean nuclear test has opened. With gas prices decreasing nationally, Democrats may see a slight bump in their performance in the polls – but it might not be enough to save them. Russia will continue to lay the groundwork for using dirty bombs in Ukraine. There's a glimmer of hope for ending the largest armed conflict in the world.
Read MoreHero of the week Yuriy Kerpatenko, Democrats will get no bump in the polls from the administration's big diplomatic win in the Middle East; quite the freakout over the NYT/Sienna national poll; and the CCP will officially make Xi a de-facto emperor this week.
Read MoreIn this week’s Coming Down the Pike, OPEC's supply crunch will put more pressure on the Biden administration to act, calls from the Ukrainian government for more western missile defense technology will increase, and COVID cases are going to spike. Plus, see our first Good Person of the Week award.
Read MoreThe cleanup from Ian will reveal tragic mistakes in Florida, the first half of the week will be rough on the markets while the second half will hinge on two critical reports, Congress won't do a damn thing because midterms, Putin will continue his nuclear saber-rattling, but the most significant effects will be from the Nord Stream 2 pipeline shutdown.
Read MoreIan will rear his ugly head, the markets will have another ugly week, we (probably) will not have a government shutdown, & anxiety will abound, well, everywhere.
Read MoreJerome Powell will set fire to the markets again, Congress will gear itself up for a budget fight, and the eastern bloc will stay hot.
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