Eve here. We provided a very cheap economic message on the Wall Street Journal front page last week. This is largely based on stock market performance and Anecdata. This was the lead story to Deiahura:
From that text:
The set of recent events in turbulence, including the administration’s impact loving program and the US bombing of Iran’s nuclear sites, has failed to conceal or improve the overall view of the president’s people. Sub-46% approve his duties – discovered since April – 52% disapproved.
The poll shows why Trump’s almost unwavering support for Republican bases is so valuable to him. With 88% of GOP voters approving his job performance and 66% strongly approving him, he was able to maintain political power in elections that go beyond Congress and other aspects of the voter’s economy, inflation, tariffs and other aspects of the agenda.
In contrast to this cheery take, with one day’s aunt on the hill, the votes get sour to Trump as he hits a new low with independents.
Trump has seen his lowest approval rating sub for his second term over the past week. He is declining, especially among independents and in terms of handling certain important issues such as immigration.
At the same time, he is trying to control the ongoing headaches caused by controversial cases of financial and convicted sex offenders.
His numbers certainly aren’t bottoming out, but they show a Tooth moment for Trump after a string of big victories in the mouth these days.
Lee Millingoff, director of the Marist University Institute of Public Opinion, said that part of Trump’s immediate changing political fate is part of his skill to “continue to keep the focus moving,” and demands requirements to redirect people’s attention to his interests.
“But you’re at the cost of your winner being a short-hearted person and being a campaign,” I added…
The Emerson College voting survey shows just one point underwater, and the sub-voting is excellent, but several major pollers recently discovered he was heading in the wrong direction.
Gallup’s poll is a warning issue for Trump and the GOP personally, with 37 respondents saying they approved his job performance, with 40% last month and 43 paying in May…
Democrat strategist Joe Kaiazzo said the numbers were proof that they were compiled by the bounty Trump enjoyed.
I have to continue inflation within Trump’s tariff policy and witness a massive assault from Immigration Customs Enforcement Agency (ICE) agents detaining people in places like schools, hospitals and churches.
And from last week’s post on the dropping capacity of US economic statistics, we have a more detailed look at heavy economic hopium messaging from the journal.
For a moment, the Wall Street Journal is giving a ton of things that are supposed to be economic narratives based on emotions. Two days ago, its main item was that the US economy was reviving its sw walking. Discussions at the top of the work:
Consumer sentiment has collapsed. The S&P 500 stock index was 19% between February and April. The world held its breath, waiting for the bottom to fall.
But that didn’t happen. Now, businesses and consumers are reopening their sw course, and there is growing evidence that the thhue is beginning to become a splurge once again.
The stock market has resumed its record highs. The University of Michigan Consumer Sentiment Index fell to its lowest reading in almost three years in April and began climbing again. Retail sales are rising more than economists have predicted, with Sky High Inflation not happening – at least not yet.
First, given that Trump has been heavily elected to the tide of voters who are upset by high inflation and inactive growth, the can doesn’t even equalize to the allegedly reclaimed “swagger.”
Secondly, placing many shares in this stock market is also my guide. Certainly, as Keynes warned, shorts can remain more irrational than they remain solvent.
The next day, the lead journal’s story was more flagrag boosteristic. The world economy is empowering it through the historic rise in tariffs.
The world economy has sailed through the historic rise in tariffs this year, showing resilience, an undissolved characteristic.
Faced with extreme uncertainty, businesses and households have surprised economists with their estahedge capabilities and found a path to a short-term path to clarify where tariffs will be.
Global producers proposed radical purchases and perseverance products linked to the US through third-party countries subject to lower tariffs. In most cases, households and businesses continue to spend and invest in uncertainties, analysts say.
According to JPMorgan, the global economy grew at an annual rate of 2.4% in the first half of this year.
Trade volumes are buoyant, with stock markets on both sides of the Atlantic procuring bailouts to record highs and growth forecasts from Europe to Asia.
In January of Lordie, the IMF predicted global growth in 2025 and 2026 at 3.3%. Only 2.4% is a big mistake and not obedient to boast that you are a marketplace that serves easily manipulated clients.
And the IMF reviews its forecast in April based on Trump’s tariff year… in other words, the world economy is exacerbated in the face of Trump’s tariff shock, at the level of his higher arbitrary day of release than experts experience. Furthermore, the IMF thought 3.3% of Global Growth Taimatime was considered a song.
For the main event.
By Stephen Plugger. Originally published on Common Dreams
The White House says the United States is in the midst of a “economic boom” under President Donald Trump. But voters feel that in their wallets.
A polling release by Gallup Thursday found that the president’s approval was only 37%. This was his second lowest point, with a record high of 29% among independents.
This sudden decline was aided by sedating recognition for the economy. After 42% in February, approval for the economy’s handling will be similarly only 37%.
The rise in inflation seen over the past month has exacerbated Trump’s lively crisis promise to soften the trajectory of his campaign.
In a voting release by progress on Friday, “Only 30% of potential voters report that they are reporting that their income is comfortable. Meanwhile, multiple voters (43%) say they have a huge income, but Mony will not create Angouh to serve the needs of all household members.”
(Graphic: Progress data)
“As his tank of approval, President Trump has lost voters on one issue they have historically trusted him: the economy,” said Lindsay Owens, executive director of Groundwork Collaboration. “Trump not only shunned his promise to lower prices, but he made the situation quite aggravated as his tax and tariff politics landed to get a double blow to households.”
In fact, data cited by Forbes shows that 43% of the US have lagged behind their living expenses over the past year. The job I feel about Worsst Crunch is “from the lower end to the middle end of the wage spectrum.”
Trump You have guilty of undermining the highest tariffs on imported goods. After a relatively quiet few months, they began to have an impact last month. Consumer prices increased 2.7% from the previous year, reaching just 2.4% in May.
Rising rent costs were the leading driver of inflation in June, but prices for clothing, toys and consumer electronics all rose, just like food and energy.
The president was elected on a promise to address the cost of living. However, according to a polling release by CBS News, 70% say they are not focused on price cuts. Meanwhile, 61% say Trump has too much focused on his Tarif Poli.
Yale’s Budget Lab estimates that the average household will be subject to impermeable percommerible provable costs worth $2,770 if the tariffs remain at the current rate, particularly if they are p-atret American in the short term.
(Graphic: Yale Budget Lab)
But they are set to grow more violently from August 1 as they roll out new taxes on imports from submarines from top American trading partners that infect Canada, the European Union, Mexico, Brazil and South Korea.
According to an economist who spoke to VOX, it is likely that the wort has not yet come into effect. Preston Caldwell, chief economist at Morningstar, said it is likely that inflation peaked in 2026 rather than 2025.
“Companies are beginning to pay customs duties on imports, but with regard to items currently sold in stores, they are primarily owned from inventory of items purchased prior to customs,” Caldwell said. “Therefore, most companies still don’t need to collect Tarif’s losses on the level of GRAAT.”
“It becomes clear that tariffs are here at least for a forestable future,” I continued.
Owens said it is likely to translate further into a fierce backlash against Trump.
“Working families,” she said, “I know exactly who to blame because I pay more prices for everything from groceries and electricity bills to school supplies and appliances.”
