President Biden will lose his mid-term election if it is held now!

 The latest Biden's approval rating had dropped to 38%!

President Biden will lose his mid-term election in November 2022 if his approval rating doesn't improve by then.

What are the top issues for the average American?

The top issue is the cost of living which means Biden has to rein in the current sky-high US inflation in order to salvage his low approval rating.  Therefore, Biden has to get the US Fed to take tough actions to reduce the elevated inflation but he has to sacrifice the US economy for the trade-off.  Consequently, the stock market will suffer because of the declining economy due to the FED's QT (quantitative tapering).