Special Counsel Robert Mueller’s report covering President Donald Trump and Russian election interference is expected to run about 400 pages without exhibits and have portions that were redacted by Attorney General William Barr, who has promised to color-code and explain his redactions.
In a memo last month, Barr said Mueller’s long probe did not find evidence of collusion between Trump’s campaign and Russia, but it reached no conclusion on whether the president obstructed justice. The market SPX, -0.33% DJIA, -0.13% has been rallying since late December and has neared record highs that it achieved in September.
If the redacted Mueller report “does seem exculpatory, without too stifling a set of redactions, a relieved Trump White House could retain a perceived upper hand,” Gabriel and Katz said. They added that stocks then might avoid a storm: “This would suggest limited surprises in store for the financial markets.”And see: White House officials worry about being exposed by Mueller report
But the market’s reaction could be a “yawn,” Valliere added. “The markets have learned to live with the Washington dysfunction, and there’s no reason to believe the Mueller report will have any real impact on investors.”Still, other strategists such as BTIG’s Juan Emanuel and Michael Chu are sounding concerned about the release.
When liberals find out the Mueller Report shed nothing substantial to fuel their Russian Collusion wet dreams, there will be an epic meltdown.
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