News

Trump Job Approval Relapses Amid Coronavirus Threat: IBD/TIPP Poll (Investor's Business Daily)

published on : 03 Mar 2020 11:56 AM

President Donald Trump’s approval rating edged lower this month, as the growing coronavirus outbreak and the recent slide in stocks dampen Americans’ outlook for the U.S. economy, according to an Investor’s Business Daily analysis of the latest IBD/TIPP Poll. In March, 41 percent of Americans say they approve of President Trump’s job performance, down from 44 percent the previous month. Meanwhile, the share of those who disapprove of the president rose from 51 percent to 54 percent. Trump garners even lower ratings among independents, 37 percent of whom approve of how he is handling his job as president, compared with 39 percent in February. The decline in Trump’s numbers come as concerns over the coronavirus take a toll on U.S. consumer confidence. The IBD/TIPP Economic Optimism Index fell by 5.9 points, or 9.9 percent, this month, to a reading of 53.9, the largest monthly decline since October 2013. Despite the drop in his overall approval rating, Trump continues to receive good marks on the economy. Nearly half (47 percent) of Americans give Trump an ‘A’ or ‘B’ grade for his handling of the economy, while just 35 percent assign a grade of ‘D’ or ‘F.’

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Bernie Sanders Overtakes Joe Biden Before Super Tuesday: IBD/TIPP Poll (Investor's Business Daily)

published on : 02 Mar 2020 04:15 PM

Senator Bernie Sanders claimed the top spot in the 2020 Democratic primary race, surpassing former Vice President Joe Biden, as the progressive candidate rides a wave of momentum following strong showings in early nominating contests, according to the latest national Investor’s Business Daily/TIPP Poll. Sanders leads the field with 23 percent support among Democratic or Democratic-leaning voters in the March poll, compared with 19 percent last month. Biden slipped from first to second place, as support for the former vice president declined by six percentage points, to a share of 20 percent. Coming in third was Senator Elizabeth Warren, who saw her numbers improve from 13 percent to 17 percent this month. Meanwhile, former New York City Mayor Michael Bloomberg was backed by 13 percent of Democratic voters, up from 8 percent in February. Former South Bend, Indiana Mayor Pete Buttigieg and Senator Amy Klobuchar, both of whom dropped out of the race recently, each garnered single-digit support, at 7 percent and 6 percent, respectively. The survey also asked voters to identify their second choice for the Democratic nomination. Sanders was the most frequently mentioned second-choice candidate, at 18 percent, followed by Warren (17 percent), Buttigieg (14 percent), and Biden (11 percent). In terms of head-to-head contests, each of the top-tier Democratic contenders holds a narrow lead over President Donald Trump. Biden and Bloomberg each enjoy a three-point advantage against Trump, at a 49 percent to 46 percent margin and 48 percent to 45 percent margin, respectively. Meanwhile, both Sanders and Warren lead the president by two points, at margins of 49 percent to 47 percent and 48 percent to 46 percent.

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U.S. Auto Demand Slows Amid a Growing Used-Vehicle Market: TechnoMetrica Survey

published on : 27 Feb 2020 04:50 PM

New vehicle purchase intent fell to its lowest level in nine months in February, as more Americans opt for gently-used vehicles amid rising new-car prices and a large supply of off-lease vehicles returning to the market, according to the latest reading of TechnoMetrica’s Auto Demand Index. The index plunged by 32 points, or 26 percent, this month to a reading of 93, the lowest since May 2019. This is the largest monthly drop in the index since March 2012, likely reflecting an easing in pent-up demand for new vehicles. Also, this month’s decline brings the index below the baseline level of 100 for the first time since November 2019. The deceleration in new vehicle demand was broad-based, our survey shows. In February, 25 of the 26 demographic groups TechnoMetrica monitors on a monthly basis posted declines in the index. Thus, as affordability concerns persist and vehicle replacement demand continues to plateau, we expect auto sales to slow in the near term.

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Economic Optimism Grows Overall, Hitting Highest Mark Since January 2004, According to the Latest IBD/TIPP Poll

published on : 04 Feb 2020 10:00 AM

Consumer confidence rose to a 16-year high in February, as easing U.S.-China trade tensions, decades-low unemployment, and a roaring stock market brighten Americans’ outlook for the economy, according to the February reading of the Investor’s Business Daily/TIPP Economic Optimism Index, a leading indicator for the health of consumer spending and the economy in the U.S. The index climbed 2.4 points, or 4.2 percent, this month to a score of 59.8, the highest since January 2004. This marks the fifth consecutive monthly gain in the reading, as significant progress on trade and the Federal Reserve’s looser interest-rate policy continue to temper fears over a possible recession. Also, the index extended its record run in optimistic territory to 41 straight months. In addition to the headline number, IBD and TechnoMetrica also monitor the index’s three key components. The Six-Month Economic Outlook and Confidence in Federal Economic Policies component measures both improved this month, while the Personal Financial Outlook subindex was slightly lower.

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Biden Leads Sanders In Democratic Race, But Trump Pulls Even: IBD/TIPP (Investor's Business Daily)

published on : 31 Jan 2020 9:18 AM

Former Vice President Joe Biden sits atop the 2020 Democratic primary field, though his support remains unmoved, as Senator Bernie Sanders surges into second place, according to the latest national Investor’s Business Daily/TIPP Poll. Biden remains ahead of the pack with support from 26 percent of Democratic or Democratic-leaning voters, an identical share to the previous poll conducted in early January. Sanders was backed by 19 percent of voters, up from 15 percent last month. Meanwhile, Senator Elizabeth Warren dropped from second to third place as her support declined by seven percentage points to a share of 13 percent. Former New York City Mayor Michael Bloomberg and South Bend, Indiana Mayor Pete Buttigieg rounded out the top five, with 8 percent and 7 percent, respectively. The top-tier Democratic candidates are locked in close races with President Donald Trump, our poll shows. Biden holds a slight one-point advantage over Trump, 49 percent to 48 percent. The former vice president had led Trump by two points in the previous poll. Similarly, Bloomberg saw his lead over Trump decline from a 47 percent to 45 percent margin to a 48 percent to 47 percent margin over the past month. Meanwhile, Trump is now running ahead of both Sanders (49 percent to 47 percent) and Buttigieg (48 percent to 45 percent). Last month, the president trailed both candidates by one point. Finally, Trump widened his lead against Warren to four points, from a margin of 47 percent to 46 percent last month to a margin of 50 percent to 46 percent in the current poll.

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Despite Trump Impeachment Trial, Americans Lean Against President's Removal: IBD/TIPP Poll (Investor's Business Daily)

published on : 31 Jan 2020 12:21 PM

As the Senate trial draws to a close, the U.S. public is opposed to President Donald Trump’s removal from office, as more Americans give the president credit for the robust economy, according to the February IBD/TIPP Poll. As noted in the following analysis from Investor’s Business Daily, a slight majority (51 percent) of Americans are now against the impeachment and removal of President Trump, while 47 percent support this action. This is little changed from the previous poll, in which 50 percent opposed and 47 percent supported impeaching and removing Trump from office. In addition, Trump’s job numbers have improved amid progress on the trade front and record gains in the stock market. This month, 44 percent of Americans approve of the president’s job performance, up from 43 percent in early January. Also, Trump is receiving brighter marks on his handling of the economy, with 53 percent now assigning the president a grade of ‘A’ or ‘B,’ compared with 50 percent last month.

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U.S. Auto Demand Gains Momentum Amid a Roaring Economy and Lower Interest Rates: TechnoMetrica Survey

published on : 28 Jan 2020 06:40 AM

Americans’ demand for new vehicles soared to a four-month high in January, as a strong labor market, lower gas prices, and more favorable financing conditions encourage more consumers to take the leap into the new car market, according to the latest reading of TechnoMetrica’s Auto Demand Index. This month, the index climbed 14 points, or 12.6 percent, to a score of 125, the highest since September 2019. This is the second consecutive double-digit gain in the index, suggesting that recent progress on trade and the Federal Reserve’s easing monetary policy are boosting consumers’ willingness to pay for new vehicles, despite record-high prices. In addition, January marks the second straight month in which the index has posted a reading above the baseline score of 100, indicating high levels of vehicle purchase intent. Thus, TechnoMetrica expects auto sales to remain strong in the months ahead, supported by a robust U.S. consumer who has become increasingly comfortable making big-ticket purchases such as new vehicles.

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IBD Releases Eighth Annual Survey of the Best Online Brokers (Investor's Business Daily)

published on : 27 Jan 2020 09:00 AM

Since 2012, TechnoMetrica has partnered with Investor’s Business Daily on an annual study aimed at uncovering America’s most admired online brokers. The 2020 Best Online Brokers rankings are based on a survey of more than 4,000 investors measuring their experience and satisfaction with leading online brokerages. The study consists of two rounds of online surveys. For the first survey, we asked investors to identify the broker attributes they considered to be most important. Respondents to the second survey were asked to rate their primary online brokers based on the attributes established during phase one. The analysis in our study is focused on 10 online brokers that met the required threshold of respondents: Charles Schwab, E*TRADE, Fidelity, Interactive Brokers, Merrill Edge, Robinhood, Tastyworks, TD Ameritrade, TradeStation, and Vanguard. We used the individual ratings to develop Customer Experience Index scores for the 10 brokerages across 15 study attributes. These indices determined the rankings for each attribute category. In order to arrive at an Overall Customer Experience Index reading for each brokerage, we combined the individual attribute ratings and applied weights developed during the first phase of the study. The five brokers that achieved the highest Overall Customer Experience Index readings formed the basis of the Top Overall Customer Experience ranking.

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US: Democratic hopeful Pete Buttigieg's last name is Arabic, so what? (The Week, India)

published on : 23 Jan 2020 02:24 AM

The following article discusses the recent conversation surrounding the Arabic origin of Democratic presidential candidate Pete Buttigieg’s last name. The piece cites the IBD/TIPP Poll as among recent election polls showing Buttigieg in fourth place in the race for the 2020 Democratic presidential nomination. In fact, Buttigieg’s standing in our poll has steadily improved in recent months, from 5 percent in September 2019 to 9 percent in January 2020.

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Boeing 737 Max Is A No-Fly Zone For This Many People; Southwest Extends Cancellations (Investor's Business Daily)

published on : 16 Jan 2020 12:24 PM

Americans are growing increasingly skeptical of Boeing amid the prolonged grounding of its 737 Max jetliner, and continued revelations about the company’s corporate culture, according to an Investor’s Business Daily analysis of a recent TechnoMetrica survey. A majority (56 percent) of Americans who are closely following news stories about the Boeing 737 Max say that they are likely to avoid travel on the aircraft once it is cleared to fly, while 41 percent would not hesitate to board the plane, our survey finds. For comparison, a similar survey conducted in June 2019 found that consumers were evenly divided on whether they would avoid flying on a 737 Max plane when it returns to service, 48 percent to 48 percent. In addition, more than half (51 percent) of those surveyed now have a less favorable opinion of Boeing, up from 47 percent in the prior survey.

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