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Tariffs have sparked widespread public dissatisfaction, forcing Trump to step out of his "comfort zone" and face voters directly.
① As various opinion polls show a rapid decline in Trump's approval ratings, the president of the USA has also ended the behavior pattern of the past three months; ② According to the schedule, he will travel to Michigan for a rally on Tuesday and deliver two graduation speeches in May.
Job Openings Fall More Than Expected in March, Hover Near Four-year Low
In March, JOLTS job openings in the USA hit a six-month low, significantly below expectations.
In March, the USA had 7.192 million JOLTS job openings, below the expected 7.5 million and lower than the predictions of all economists surveyed. However, the number of layoffs decreased, hiring activity remained stable, and more employees voluntarily resigned, which somewhat alleviated the weakness in job vacancy data. After the data was released, US Treasury yields briefly fell. The "New Federal Reserve News Agency" stated that the situation of slow hiring and slow layoffs in the USA continued into March.
Trade Data Deepen Inventories Mystery; GDP Gloom -- Market Talk
Goods Trade Deficit Widens in March -- WSJ
Fade U.S. Dollar Rallies - BofA Securities
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