First Word

Tom Block’s Takeaways: Trade and Presidential hopefuls fight with impeachment and Iran for attention

  • Impeachment trial looks headed to Senate this week, questions: short or drawn-out; will four Republicans vote for witnesses; Presidential behavior during trial – will Tweets go ballistic.
  • Is Iran in rearview mirror or will issues such an attack by proxy terror groups, dispute over alleged attacks on embassies, or focus on impeachment push President into Tweet frenzy.  Does ghost of Benghazi dominate President’s focus on embassy attacks and provoke killing of General Soleimani?
  • Big week for trade with signing of US/China Phase One and possible Senate action on USMCA.
  • Democrats head to first vote in Iowa on February 3 with final pre-Iowa debate Tuesday with 6 candidates on the stage. Attention as Sanders and Warren battle for progressive mantle, Biden tries to go mistake free, and Buttigieg, Klobuchar and Steyer position themselves if Biden slips, while Bloomberg waits in the wings.

Impeachment and Iran’s shadow

Speaker Pelosi has announced her intention to move the impeachment process forward, name the House managers, and send the impeachment articles over to the Senate.  Senate Leader McConnell has made clear that he has the votes to start the process as soon as the impeachment articles...

Unlock this article with a FREE 30-Day Trial!

An FSI Macro, FSI Crypto, FSI Pro, or FSI Weekly subscription is required in order to access this content.

*Free trial available only on a monthly plan

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)