In this election year, Republicans will, at the very least, retake control of the House of Representatives, making Kevin McCarthy, speaker of the house. There is also an opportunity for them to take control of the Senate, returning Mitch McConnell to his leadership role.

The far right despises technology companies, and there will be a huge push by their members to bring them all to heel.

If the midterms result in more Republicans being elected -- which is a possibility -- it would be easier to vote through laws like this.

That risk is likely one reason why Biden's state of the union speech echoed Trump policies: strengthening the border, moving jobs (like chip manufacture) to America, improving police funding, etc.

The midterms won’t, but the Fed losing control of interest rates will. You’re going to see a lot of valuation disappear in the next year as the bubble deflates.