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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
US President Joe Biden has seen his approval rating drop as his administration grapples to contain the fallout from a crisis in the mid-size banking sector and persistent inflation.
- According to RealClearPolitics, Biden's approval currently sits at 43.3% - a number which may sink further as the fallout from the collapse of SVB continues.
- AP reports that economic concerns continue to weigh on Biden's approval: "The president and other administration officials have toured the country to promote their achievements. But to many, the economy feels as though it could be on a knife’s edge after the recent bank failures, as well as the debt limit showdown with House Speaker Kevin McCarthy [R-CA], that could put the U.S. government at risk of defaulting."
- A recent Quinnipiac poll found that only 36% percent of voters approve of Biden's handling of the economy and the president struggles on other conservative talking points like immigration and border security despite a recent attempt to move to the center-ground.
Figure 1: President Biden Approval Rating
Source: RealClearPolitics
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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