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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.
US
- Historically, a President's first midterm cycle in accompanied by a swing in Congressional seats to the party out of power. There is a clear correlation between the President's approval and the number of seats lost, with the data suggesting an approval rating of over 60% is required to avoid losing seats in the House. (Source)
- Democrat lawmakers may be bucking the approval drag. In Arizona and Georgia, Senators Mark Kelly (D-AZ) and Raphael Warnock (D-GA) are polling considerable higher than Biden.
- This might be due to Biden playing a diminished role in the minds of voters. Biden has been less prominent than previous Presidents, avoiding the campaign rallies of former Presidents Trump and Obama.
- Morning Consult: "An unpopular Republican president was top of mind for voters in 2018, helping to fuel the blue wave that delivered House control to the Democrats last midterm cycle. Four years later, fewer voters say they’re thinking “a lot” about President Joe Biden when it comes to their 2022 vote, another sign that this year’s election is less of a referendum on the president than is typical."
Figure 1: Share of Voters Who Say They are Thinking About the President "a Lot" (Morning Consult)
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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