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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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A new survey from Gallup has found that President Biden’s handling of foreign affairs is adding a new drag on his approval rating.
- Gallup notes that since 2021 Biden's approval on both the eeconomy and foreign affairs, "have followed similar trajectories. Yet, in 2022, when inflation was at a 40-year high, and earlier this year, Biden’s foreign affairs ratings were significantly better than his economic ratings.
- "Biden’s current rating on the economy is just one percentage point higher than his lowest in 2022, while his foreign affairs rating is the lowest by six points.”
- Gallup notes further issues for Biden. Although his approval amongst Democrat has strengthen slightly, his approval rating has cratered amongst independents: “Biden’s approval rating from political independents has dropped eight points over the past month to a record-low 27% for that group, while he continues to earn minimal approval, just 5%, from Republicans.”
- A year out from the Presidential election, the additional pressure from a rejection of his foreign policy agenda puts Biden's approval rating below 40% - a mark which has historical seen the incumbent lose a presidential election.
Figure 1: President Biden Approval Rating on Economy and Foreign Affairs
Source: Gallup
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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