U.S. Political Turmoil Weighs on Markets as Trump’s Approval Hits New Low
President Donald Trump's approval rating has plummeted to 40%, with 58% of Americans disapproving of his leadership amid a government shutdown stalemate. The Reuters/Ipsos poll highlights growing public frustration over the administration's handling of budgetary negotiations and law enforcement policies.
The political gridlock shows no signs of resolution, with Polymarket bettors pricing an 86% probability the shutdown extends past October 15. Market participants are monitoring the situation for potential ripple effects across risk assets, though cryptocurrency markets have yet to show significant reaction to the Washington impasse.