All three major US stock indices—the Dow Jones, the S&P 500, and the NASDAQ Composite—returned more this year, with President Trump back in office, than their respective average annual gains in the four years under President Joe Biden. The primary stock index Dow Jones is up 14.32 per cent year-to-date, with two more trading days left on the calendar.
‘As Christoph Heusgen said, under the Biden regime, Washington and Brussels shared a “common value base”—apart from all those many continental voters and nations who did not share this same identikit set of leftist moral values, who had to be made to do so by means perhaps best described as “meddling in European democracy”.’
Only 39 per cent of Americans have a favourable view of President Joe Biden, while 57 per cent have an unfavourable view of him, according to a new poll by Gallup. His net favourability rating of negative 28 points is by far the worst among the five living Presidents, a whopping 26 points below the second least popular of them, Donald Trump.
President Biden’s approval rating currently stands at 38.8 per cent in the RealClearPolitics polling aggregate, and at just 36.1 per cent in the FiveThirtyEight polling aggregate. Meanwhile, President Trump left office in January 2021—after the controversial Capitol riots—with a 41.1 per cent approval on RCP and a 38.6 per cent approval on 538.
The Dow Jones Industrial Average returned 12.26 per cent annually on average under President Trump’s four years in office, as opposed to the 9 per cent average annual growth under President Biden, as per the closing of the last quarter. Meanwhile, the Russell 2000 Index, comprising 1.950 smaller-cap companies, still has not returned to its all-time high recorded in November 2021.
In an unprecedented twist of events, we now have the incumbent party running a non-incumbent candidate, while the non-incumbent party is running a former incumbent candidate. The incumbent advantage is a well-documented phenomenon in American politics, a lot of which is due to simple name recognition. This aspect now heavily favours Former President Trump.
According to CNN’s own poll, more than two-thirds, 67 per cent of the viewers thought that President Trump had won the debate. President Biden’s odds for re-election plummeted after the event, with bookmakers giving him only about a 22.5 per cent chance for re-election on average. Meanwhile, some in the left-leaning media call on Biden not to stand for re-election.
President Trump is leading President Biden by double digits in Nevada, a state President Biden won by 2.4 points in 2020. The Republican challenger was also shown to have the advantage in Arizona, Georgia, Wisconsin, and Pennsylvania as well; with the only exception being Michigan, where President Biden leads by a single point.
President Joe Biden issued a declaration marking 31 March as ‘Transgender Day of Visibility’. While that day has always been held by some odd people on that date, this year it coincided with Easter Sunday, causing outrage among many Christians in the United States.
The Hungarian Ministry of Foreign Affairs and Trade summoned Ambassador David Pressman on Tuesday in response to US President Joe Biden’s statement, in which he had implicitly referred to Viktor Orbán as a dictator.