Posted on 10/23/2018 6:01:44 AM PDT by TangledUpInBlue
Why Trump’s popularity is ticking up
Rick Newman 17 hours ago .
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Trump focuses on immigration ahead of midterms
Just in time for the midterm elections, President Trump’s approval rating is drifting upward.
He’s still under 50%, but getting close to break-even. In the latest Wall Street Journal/NBC News poll, Trump’s approval rating rose three percentage points, to 47%. His disapproval rating dropped three points, to 49%. It’s the best showing Trump has had in this particular poll during his presidency.
Other polls aren’t quite as upbeat for Trump. His average approval rating in a FiveThirtyEight composite is 43%, and a recent CBS News poll has him as low as 39%. But in most polls he’s trending upward during October, which could be an important trend if it lasts until Election Day on Nov. 6.
(Excerpt) Read more at yahoo.com ...
Now let's just hope the market doesn't tank 500 points today at the open.
I think it’s all about Kavanaugh.
The left way over played their hand.
Yikes. Apologies for not seeing that. Mods, can you please clean that up? The anal retentive side of me is in overdrive right now. :)
That’s a good point too and one the article doesn’t mention; though it would be pretty hard to identify that sentiment.
That 39% approval in that CBS poll (which continues to get cited in articles like this) is the fakest of fake news.
There’s also the economy. And all the fright-mongering about his foreign affairs management and bellicosity proving unfounded.
People are becoming more aware of what he was talking about re: one-sided trade deals, etc.—and see him doing something about that too.
Well, I don’t think it’s fake. I think they’re just asking people whom they know will answer how they want.
-—Well, I don’t think it’s fake. I think they’re just asking people whom they know will answer how they want.-—
Well, yeah. That’s kinda what “fake” means. The number reported deliberately doesn’t reflect reality.
IMHO there are a lot of short trades going on right now that are hurting global stock markets in a way that does not make financial sense to me. Early earnings are mostly a bit better than projected yet markets are getting pummeled. The cynic in me thinks there might be short term manipulation of the markets timed to coincide with the election 2 weeks away.
Oil production is good despite Iran and Venezuela. Inflation is tame despite Tariffs. Earnings and profits are good and growing. Interest rates are barely off 35 year lows. Yet the Dow is losing about 400 points before the open.
The news isn’t the number.....it is the direction and the comparison. Trump is trending higher and Trump is ahead of Obama 2 years in.
Any other reporting or conclusion is a smokescreen. I was going to say fake news, but since we are all Native American’s now, I went with smokescreen.
2018 MEXICO WAR on U.S.
Just in time for a Blue Whimper.
I don’t put a 2008-style plunge past them at all, but I don’t think we’re necessarily seeing that yet.
Rising rates make bonds more attractive and the equity markets a little less the only game in town. Also, stalled global markets impact the US multinationals, and the FANG stocks have been propped up artificially.
The 10 year rate going from 3.25 to 3 and back isn’t much in the way of enticement. FANG stocks haven’t been propped up artificially, either.
You’re not taking into account the price of bonds and I think you’re wrong re: the FANG stocks.
The price of bonds are inverse to the interest rates. Increasing rates hurt existing bond holders and offer risk, not gains in an increasing interest rate environment. That is the OPPOSITE of something to entice investors away from stocks and into bonds. And 3.25%-3.3% isn’t much of an enticement unless you buy into the idea the market has hit a peak and it’s downhill from here.
I have no idea what you are suggesting is going on with FANG stocks that are “artificially” supporting them. That’s just nonsense.
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