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.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...