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The latest opinion poll results show that Trump's 100 day approval rating is 39%, a decrease of 6 percentage points from February this year and setting a record for the lowest 100 day approval rating of any US president in the past 80 years. Data shows that on the economic level, 72% of Americans believe that Trump's economic policies are likely to lead to a recession in the United States in the short term, and 41% believe that their financial situation has deteriorated since Trump took office. At the political level, 65% of people say that the Trump administration is trying to evade compliance with federal court orders, and 64% believe that Trump's actions in expanding presidential power are too radical. Qingqiao's viewpoint: 01North Korea launches new destroyer North Korean leader Kim Jong un presided over the launch ceremony of a new 5000 ton destroyer. It is reported that the destroyer, named "Choi Hyun," not only has the ability to engage in air, ship, anti submarine, and anti ballistic missile operations, but also carries hypersonic strategic cruise missiles and tactical ballistic missiles. Kim Jong un mentioned for the first time at the ceremony the "median line waters," stating that the Choi Hyun will carry out missions in coastal defense waters and median line waters. Qingqiao's viewpoint: The United States and South Korea are currently conducting joint military exercises to simulate a nuclear attack on North Korea. In 1953, the United Nations Command established the actual control line between South Korea and North Korea in the waters bordering the West Sea and East China Sea, but this line has not been officially recognized by North Korea to this day. According to the United Nations Convention on the Law of the Sea, when the territorial waters of two countries overlap, a median line is usually established. Kim Jong un may use the term "median line waters" or propose new demarcation claims. North Korea is shifting from "asymmetric deterrence" (nuclear+missile) to "symmetric deterrence" (conventional naval forces), which is an epigenetic adjustment of the Kim regime's survival strategy - by demonstrating diverse deterrence capabilities and reducing the risk of being preemptively attacked. 01Japan launches' overseas rice shopping 'craze Japan is experiencing a wave of "overseas rice shopping". Since last summer, tourists returning to Japan from Asian countries such as India and Thailand have been carrying a large amount of rice. The trend intensified in March this year, and South Korea has become a new popular purchasing destination. Most people carry between 5 and 10 kilograms. Qingqiao's viewpoint: The price of rice in Japan has been continuously rising since last summer. Data shows that recently, the average price of a 5-kilogram bag of rice was 4217 yen, more than twice that of the same period last year, setting a new record for the highest price since Japan began relevant statistics. When basic survival materials need to be found across borders, deep cracks have appeared in the so-called economic order. This' ant moving 'style procurement model is a micro resistance of the middle class to cope with economic slowdown. It is worth noting that similar behavior had also occurred before the 1997 Asian financial crisis. 01Vancouver car crashes into crowd, resulting in 9 deaths Qingqiao's viewpoint: Qingqiao's viewpoint: Iron ore is transforming from a "star commodity in the demand explosion period" to a "mature bulk raw material", and its pricing logic has shifted from the "Chinese story" to "global cost curve reconstruction". Investors need to adapt to an annualized volatility of 2% -3% becoming the new normal.
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