In the Margins

Trump up? Stocks down?

April 3, 2018

By Bloomberg

Donald Trump has been taking to Twitter to tout his delight over the latest approval ratings, but he might want to rethink that relationship. A daily poll from Rasmussen Reports shows Trump’s rating at 49% today, which is up from 42% on Jan. 22; in that time span, the S&P 500 has fallen about 8%. In fact, the rolling 120-day correlation between Rasmussen’s measurement of the president’s job performance and the price of the S&P 500 Index has been negative during all periods. Read the original story from Bloomberg.

 

 

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