Trump Approval Rating Pivot Framework

Last updated: —

Key readings
Economic approval
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GOP approval
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Generic ballot
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Market context
VIX
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Gold
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WTI crude
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Gas avg
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Rates & yield
10Y yield
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2s10s
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30Y yield
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ERP
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Fed hike prob
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Scenario probabilities
No pivot

S1: Stagflation lock-in

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Base case

S2: Tariff rollback

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Trap

S3: Oil trap

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Scenario detail