All-Time High in US Stock Market Fails to Boost Public Morale: Trump's Approval Rating Hits All-Time Low, Republican Base Wavering

BlockBeats News, January 22nd, despite the continuous rise of the US stock market in the first year of Trump's second term, his political approval has significantly declined. The latest The Economist and YouGov poll shows that Trump's current approval rating is only 37%, disapproval rating 57%, net approval rating -20%, hitting a new low in the second term.

Of concern is the internal turmoil within the Republican Party, with internal support dropping from 88% to 79% in one week. The majority of voters' dissatisfaction is aimed at tariff increases driving inflation and the cost of living, with 69% of respondents believing that tariffs directly increase expenditure.

In terms of monetary policy, the public significantly trusts the Federal Reserve over the White House. 44% of voters trust Powell to set interest rates, with only 18% trusting Trump, highlighting widespread concerns about White House intervention in monetary policy.

Geopolitics also weighs on public opinion. Whether it is "buying or acquiring Greenland through force" or taking military action against Venezuela, the majority of voters oppose such actions. Analysis indicates that stock market prosperity has not translated into political capital, with price pressures and diplomatic uncertainty becoming core reasons for the decline in Trump's approval rating.