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Russia trade legislation proceeds as Congress goes home for recess, Fed watch is on, Early look at 2022 Election

Key Takeaways:

  • Congress passes legislation stripping Russia of favorable trade treatment with US.
  • Fed telegraphing 50bps rate hike in May.
  • Midterm elections: House likely to flip, Senate tight races, first look at PA.

Congress has gone home for two weeks for the Easter/Passover break.  With Congress out of town I will start to look at some of the key races that will determine control of the Congress in this year’s elections.

First, before Congress went home, in a rare moment of genuine bipart...

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