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Larry Summers, former US Treasury secretary and comfortably the noisiest bear of them all this time last year, saying, you know, a recession in the US is an absolute nailed-on certainty. Now he’s saying there’s a meaningful likelihood about a 15 per cent opportunity that the Fed may well basically raise prices next time about, because the economy’s just carrying out so good. If that does not give you pause for thought, absolutely nothing will. But, you know, similarly, you have got Torsten Slok, chief economist at Apollo, saying, I just do not assume we’re gonna get a cut from the Fed this year that the economy is re-accelerating. A Super Tuesday voter walks past a sign requiring a photo ID at a polling place Tuesday in Mount Holly, N.C. While a lot of the focus is on the presidential race, there are also vital down-ballot contests. California voters will pick out candidates who will compete to fill the Senate seat long held by Dianne Feinstein.

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