SOTU on Tuesday, debt ceiling and Fed rate rise

Tuesday the President goes to the Capitol to make his first  in-person State of the Union (SOTU) address.  It comes with some wind to the President’s back with the powerful half-million jobs gain in January, but questions emerge surrounding the Chinese spy balloon.

Congress loves to applaud successes of the US military, and while there was criticism of the timing of the President’s action to take down the balloon, there will be loud approval of the successful mission to take it down.  As a former political speech writer it is a tried and true approach to start with an applause line and the balloon takedown along with the strong jobs report will serve as a good opening to a tough audience with Republicans now in control of the House.  It is always a powerful visual of our democracy when the President of one party is introduced by the House Speaker of the opposite party.

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