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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
The approval rating of President Joe Biden has failed to recover from a hit taken during negotiations with House Republicans to suspend the federal debt ceiling.
- According to the FiveThirtyEight approval tracker, Biden's approval of -14.1% is the lowest he has experienced since August last year.
- Recent surveys from Morning Consult, Ipsos, and YouGov have all found approval for Biden around the 40% mark.
- The expected Biden-Harris Democrat ticket for 2024 is facing the additional drag of a unpopular Vice President suffering from low approval and, considering Biden's age, likely to be the focus of GOP campaigning.
- Politico reported this morning that, "one of the nation’s most powerful political groups tasked with helping female candidates, is readying a massive investment to improve VP Kamala Harris' public standing."
- According to Politico the move, "reflects both (1) the lack of broader efforts that have been made to date to help bolster Harris amid persistently low approval ratings, and (2) the growing recognition that Harris may play an unusually substantial role in what is sure to be a tough election."
Figure 1: President Biden Approval Rating
Source: FiveThirtyEight
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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