The House Impeached Trump, and the Stock Market Did Not Crash. Sad!

Photo: Mark Wilson/Getty Images I understand the president’s dilemma. On one hand, he wants the stock market to hit record highs, so he can brag about it. On the other hand, he wants to feel essential to the stock market’s strength. This latter imperative is why he has repeatedly warned that impeaching him would lead to a stock-market crash, which has not materialized now that he has actually been impeached.

Stocks did drop a few hundred points on September 24 when Nancy Pelosi announced the opening of an impeachment inquiry into the president. But the losses were quickly regained, and stock market has continued to hit periodic record highs. As I wrote back in September, the markets worry about impeachment to the extent impeachment can hurt the future after-tax profits of corporations.

But the tax cuts are water under the bridge. In the very unlikely event that the Senate removed Trump, the new president, Mike Pence, would remain a supporter of low corporate taxes. And even if a Democrat wins the next election, he or she is likely to face a Republican-controlled senate or one with a narrow Democratic majority.

Prob bscauss... StillYourPresident

IMPOTUS Number3

The House voted on partisan lines. That is all. That doesn't mean he's impeached you mendacious fraudsters.

You clearly don't know how the stock market works 😂

Nonsense writing. President Trump means if he is dismissed as President the stocks will tumble. Impeachment from a biased House that is dragging its heels to give it to the Senate where it will die, isn’t worrying anyone but the Dems who know this is nothing but political theatre

Thats because Trump has not been impeached yet. If the House does not communicate its impeachment to the Senate, it hasn’t actually impeached the president. If the articles are not transmitted, Trump could legitimately say that he wasn’t truly impeached at all -Noah Feldman

It’s almost like he doesn’t know what he’s talking about.

Trump is not bigger than America's stock market. That's his illusion only.

the Democrats did such a laughable job of it, the stock market went UP

TrumpIsAJackass

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