While Republicans are benefiting from the white-hot energy generated by the Tea Party movement, they must broaden their appeal to win back the White House or majorities in Congress.
Briefing journalists ahead of his speech, the most senior Liberal Democrat councillor in Wales, Rodney Berman was clear that the white-hot anger which was felt on many doorsteps against his party since that deal between David Cameron and Nick Clegg in 2010 has begun to cool.
"With banks, funds, securities companies and third party managers successively entering the wealth management space, wealth management competition is becoming whitehot, " said Beijing-based National Trust Ltd.