Donald Trump Has a McApproval Problem
Perspective: What can the McDonald's stock price tell us about Donald Trump's approval rating?
Donald Trump's approval rating has plummeted to 38.4% over the past two years while McDonald's stock has fallen to $248.24, a 14% decrease. Despite their recent decline, the two have not been correlated over time, as their relationship vanished when examining monthly changes. The drop in stock price and approval rating can both be traced back to Trump's policies, such as the Iran war, increased tariffs, and rising gas prices.
These factors have negatively impacted both the fast-food giant and the president's popularity, leaving Trump with a relatively stable approval rating due to his base of Republican supporters.
Written by urgent.news from Newsweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
