Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Ron Estes

Politics

Some Congressional Races to Watch

A victory by de Leon would be a death knell to the moderate Democratic establishment and a swing to the left in the party. The race is likely to get expensive because under California’s system Feinstein and de Leon will face each other in the June 5 open primary and the general election in November.

A fascinating outcome of this race would be that de Leon and Feinstein could split the Democratic vote, and provide an opening for a Republican to reach the Senate from California. Another game-changing factor is Feinstein’s health, she’s 85 and looking increasingly frail, so the Senator might drop out any time.

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Politics

Upheaval Democrats might Retake House

The political upheaval that brought Donald Trump to the White House seems to be accelerating. The shocking results of a special election for the U.S. House of Representatives might indicate a paradigm shift that would reshape Congress and sweep away the current Democratic leadership is coming.

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