Money

Americans’ economic views shift dramatically by party

Most Americans view the economy as worsening; Republicans drastically shift to optimism post-Trump’s re-election, revealing stark political divides.

Published

11 months ago

February 28, 2025

ticker NEWS

Most Americans view the economy as worsening; Republicans drastically shift to optimism post-Trump’s re-election, revealing stark political divides.

In Short

Most Americans believe the economy is worsening, with strong political divides shaping perceptions. While some Republicans see improvement, many Democrats are increasingly pessimistic, highlighting a disconnect between economic indicators and public sentiment.

Most Americans perceive the economy as worsening, with a recent Harris poll revealing that 51% share this sentiment. This contrasts with 20% who think it is improving and 29% who feel it remains unchanged.

The poll highlights a significant shift in Republican opinions since Donald Trump’s re-election. Currently, 39% of Republicans view the economy as improving, a rise from 8% last May. In contrast, 69% of Democrats now believe it is worsening, up from 36% last year.

The findings show a disconnect between official economic indicators, which show low unemployment and slow inflation, and public perception. Around 43% of Republicans think the US is in a recession, a decrease from 67% last May.

The poll also indicates that opinions on Trump’s tariffs vary significantly by party affiliation. While support exists among staunch Republicans, most independents and a significant portion of Republicans fear negative impacts from the tariffs; 49% of those polled believe they will harm the economy.

Despite Trump’s assurances of economic improvement, many Americans remain sceptical, particularly regarding personal financial impacts. Only 33% of Republicans expect tariffs to have positive effects on their finances.

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

1 hour ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

4 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

4 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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