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.
