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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.
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A new survey from the Financial Times and the University of Michigan’s Ross School of Business has found that, “only 14 per cent of American voters believe they are better off financially now than when Joe Biden took office.”
- The FT survey is the latest in a string of surveys which have given Biden a poor score on his handling of the economy. The Washington Post notes: "There’s an economic mystery confounding the White House: Most Americans are financially better off than they were before the coronavirus pandemic, but they feel worse about their economic prospects."
- A WaPo survey in September found that, "Just 30 percent of voters approve of President Biden’s handling of the economy, the lowest reading since he took office."
- Erik Gordon at Michigan’s Ross School said: “Every group — Democrats, Republicans and independents — list rising prices as by far the biggest economic threat . . . and the biggest source of financial stress. That is bad news for Biden, and the more so considering how little he can do to reverse the perception of prices before election day.”
Figure 1: % of Voters Who Say They are Better off Since Biden Became President
Source: FT/Michigan Ross
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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