Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Trump Approval At 11-Month High - Will The Dollar Follow?
03-29-2018, 05:05 AM,
#1
Trump Approval At 11-Month High - Will The Dollar Follow?
Trump Approval At 11-Month High - Will The Dollar Follow?

<p>The last few days have seen a rapid rush to the 'safe-haven' dollar, stalling a seemingly non-stop drop in the world's reserve currency.</p>

<p><a data-image-external-href="" data-image-href="/sites/default/files/inline-images/2018-03-28_12-05-57_0.jpg?itok=1bGErgQR" data-link-option="0" href="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_12-05-57_0.jpg?itok=1bGErgQR"><img data-entity-type="file" data-entity-uuid="cd6ca6d7-2956-4dff-9139-7261ddd1467f" data-responsive-image-style="inline_images" height="260" width="500" srcset="https://www.zerohedge.com/sites/default/files/styles/inline_image_desktop/public/inline-images/2018-03-28_12-05-57_0.jpg?itok=1bGErgQR 1x" src="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_12-05-57_0.jpg" alt="" typeof="foaf:Image" /></a></p>

<p> </p>

<p>Which raises the question, <em><strong>is the correlation between President Trump's approval rating and 'king dollar' about to reignite?</strong></em></p>

<p><a data-image-external-href="" data-image-href="/sites/default/files/inline-images/2018-03-28_18-13-39.jpg?itok=yWiPG2F6" data-link-option="0" href="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_18-13-39.jpg?itok=yWiPG2F6"><img data-entity-type="file" data-entity-uuid="9f34c87a-64e0-4181-869d-a2e7d2c08eaf" data-responsive-image-style="inline_images" height="265" width="500" srcset="https://www.zerohedge.com/sites/default/files/styles/inline_image_desktop/public/inline-images/2018-03-28_18-13-39.jpg?itok=yWiPG2F6 1x" src="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_18-13-39.jpg" alt="" typeof="foaf:Image" /></a></p>

<p>President Trump's approval rating has been rising on average since the start of the year, and <strong>the <a href="http://cdn.cnn.com/cnn/2018/images/03/26/rel4a.-.trump.pdf" target="_blank">results </a>from the most recent presidential job approval survey by CNN shows that Donald Trump is now at an 11-month high. </strong></p>

<p>Although he still has majority disapproval, <strong>42 percent of respondents are currently giving him a thumbs up - the highest rate recorded by CNN since March 2017</strong> where the president was on 44 percent.</p>

<p><a href="https://www.statista.com/chart/13360/trump-approval-at-11-month-high/" title="Infographic: Trump Approval at 11-Month High | Statista"><img alt="Infographic: Trump Approval at 11-Month High | Statista" height="356" src="https://infographic.statista.com/normal/chartoftheday_13360_trump_approval_at_11_month_high_n.jpg" style="max-width: 960px;" width="500" /></a></p>

<p><em>You will find more infographics at <a href="https://www.statista.com/chartoftheday/">Statista</a></em></p>

<p><u><em><strong>So how, during a time of seemingly endless scandals trying to burst their way into the public sphere, is Trump seemingly on the up? </strong></em></u></p>

<p>Digging deeper,<a href="https://www.statista.com/chart/13360/trump-approval-at-11-month-high/">  Statista's Martin Armstrong indicates that  </a><strong>the area in which he is performing the strongest is the economy.</strong></p>

<p>Despite being criticized from some corners for his protectionist approach, <strong><a href="https://www.statista.com/topics/3501/the-trump-administration/" target="_blank">Trump </a>following through on his America First campaign promises is seemingly helping to win some voters back around.</strong></p>

<p>In many ways, the road ahead is looking far from smooth for the president, but <strong>having come through scandal and controversy relatively unscathed in the past, who knows where this current wave will lead.</strong></p>

<p>Fascinatingly, since Larry Kudlow was appointed as Director of the National Economic Council, <a href="https://www.zerohedge.com/news/2018-03-14/larry-kudlow-i-would-buy-dollar-and-sell-gold"><strong>proclaiming that investors should "sell gold and buy king dollar," </strong></a>the two 'assets' have roundtripped to be practically unchanged...</p>

<p><a data-image-external-href="" data-image-href="/sites/default/files/inline-images/2018-03-28_18-22-44.jpg?itok=U_cnxZNB" data-link-option="0" href="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_18-22-44.jpg?itok=U_cnxZNB"><img data-entity-type="file" data-entity-uuid="6adc37a7-ee6d-4c19-8b0e-06f1944031ae" data-responsive-image-style="inline_images" height="260" width="500" srcset="https://www.zerohedge.com/sites/default/files/styles/inline_image_desktop/public/inline-images/2018-03-28_18-22-44.jpg?itok=U_cnxZNB 1x" src="https://www.zerohedge.com/sites/default/files/inline-images/2018-03-28_18-22-44.jpg" alt="" typeof="foaf:Image" /></a></p><img src="http://feeds.feedburner.com/~r/zerohedge/feed/~4/uEz0GWCHDYU" height="1" width="1" alt=""/>


http://feedproxy.google.com/~r/zerohedge...lar-follow
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)