US: Trump Approval Underwater On Inflation, Economy, And Tariffs - Marquette
May-21 17:46
A new survey from Marquette Law School has found that President Donald Trump’s approval is lagging on issues considered the most important by US voters, including inflation and the economy.
- Marquette: “Across seven specific issues, approval of the president’s job performance ranges from a high of 56% on border security to a low of 34% on inflation and the cost of living.”
- Marquette: “Inflation and cost of living is rated the most important issue by 36%, followed by threats to democracy at 19% and the economy at 13%. Medicare and Social Security is rated the fourth most important issue at 10%, followed by immigration at 9%. The federal budget deficit is seen as most important by 4%, health care by 3%, abortion policy by 2%, and foreign policy by 2%.”
Figure 1: Trump Job Approval Across Issues
Source: Marquette Law School
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
LOOK AHEAD: Tuesday Data Calendar: Fed Speakers, Richmond Fed Data, 2Y Note Sale
Apr-21 16:34
- US Data/Speaker Calendar (prior, estimate)
- 22-Apr 0830 Philadelphia Fed Non-Mfg Activity (-32.5, --)
- 22-Apr 0900 Fed Gov Jefferson, Economic Mobility Summit
- 22-Apr 0930 Philly Fed Harker, Economic Mobility Summit
- 22-Apr 1000 Richmond Fed Mfg Index (-4, -6)
- 22-Apr 1000 Richmond Fed Business Conditions (-14, --)
- 22-Apr 1130 US Tsy $70B 6W bill auction
- 22-Apr 1300 US Tsy $69B 2Y Note auction (91282CMY4)
- 22-Apr 1340 MN Fed Kashkari Speaks moderated discussion
- 22-Apr 1430 Richmond Fed Barkin fireside chat (no text, Q&A)
- 22-Apr 1800 Fed Gov Kugler on Mon/Pol Transmission (text, Q&A)
US TSY FUTURES: BLCK: Jun'25 5Y Buy
Apr-21 16:01
- +6,500 FVM5 108-16.25, buy through 108-15.75 post time offer at 1148:59ET, DV01 $267,000. The 5Y contract trades 108-15.75 last (+2.5)
PIPELINE: Corporate Bond Update: $5B Amex 4Pt Launched
Apr-21 15:57
Amex dropped the 6NC5 SOFR leg:
- Date $MM Issuer (Priced *, Launch #)
- 04/21 $5B #American Express $1.6B 4NC3 +98, $400M 4NC3 SOFR+126, $1.5B 6NC5 +108, $1.5B 11NC10 +128
- 04/21 $700M Excelerate Energy 5NC2
- 04/21 $2B QXO Inc. 7NC3 investor calls
