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Tue Jul 2, 2019, 09:37 PM

BTRTN June 2019 in Review: Trump Should Beware the I's of June

Born To Run The Numbers provides their review of the month of June, emphasizing the peril Trump faces from the three "i"s -- immigration, Iran, and impeachment.

http://www.borntorunthenumbers.com/2019/07/btrtn-june-2019-month-in-review-trump.html

Excerpts: "Three major news items stood out Ė Iran, immigration and impeachment -- each personified by a singular image: the downing of a U.S. drone by Iran; the heartrending and harrowing image of a man and his 2-year old daughter dead on the banks of the Rio Grande; the stunning announcement that Robert Mueller will testify public before Congress on July 17, giving voice to his report, and breathing oxygen into the calls for impeachment. Iran, immigration, impeachment...Trump should beware the Iís of June...
"Perhaps most threatening for Trump are rumblings in the economy, his re-election ace in the hole. Trump... will/should be running on the strength of the U.S. economy. But with only 75,000 jobs created in May, and the inversion of the bond yield curve, Trump is in his own race against the clock to get re-elected before the bottom drops out on the longest expansion in decades. An untimely economic slowdown was disastrous for George H.W. Bush, and it would be even more so for Trump...
"For all the chaos of the Trump Administration, the one constant has been his approval rating. He started his presidency in the high 40% range, but shortly thereafter his approval rating had dropped to the mid-40ís. He hit a monthly low of 38% in August 2017 and ended that year at 39%. From there, each and every month has been in the 40-45% range; the last seven months have been stuck in the even narrower range of 41-43%. Such are our times. Perhaps this single statistic, the approval rating, is most indicative of our divided nation, because nothing Trump does changes anyoneís mind at all. This variance of a point or two month to month is in margin of error territory. And so, we report that Trumpís approval rating for the month of June, 2019, was unchanged at 43%."



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