Republican Tidal Wave
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In-Brief

• The elections this week are certainly a battle between Democrats and Republicans. They will be interpreted that way. But the elections should also be interpreted as a vicious battle between radical wokeness and traditional American values, morals, mores, culture, and history. This latter battle is much more important than the partisan battle.
• It is now accurate to say that the US economy, at least for the short-run, is in “stagflation.” That is a period of high inflation and slow or no growth. It was caused by the horrible fiscal policies of the Biden administration and the flawed monetary policies of the Federal Reserve. Stagflation may give way to recession. Over 80% of Americans believe we are in a recession or headed to one.
• A severe defeat for Democratic candidates on Tuesday is still in the cards. Recent polls continue to suggest growing Republican strength in most races. The key unknown now is what groups turn-out in unusually high or low numbers ... young, old, white, minority, Rs, Ds?
• Individual Senate and Governor election predictions are made in the main report.
• China’s economy remains in deep trouble and is stagnant. President Xi got a new 5-year term last week. More importantly for China and the world, he doubled-down on his failing economic and political policies.