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

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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Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

6 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue