Here’s How Impeachment Talks Will Affect The Stock Market

that “the markets would crash” if he were to get impeached. Last year, he similarly said, “everybody would be very poor” if he was removed from office.

So far, the stock market has been largely unfazed by impeachment headlines: The Dow Jones Industrial Average finished the day down slightly, by 0.30%. But since Monday’s open, the index has actually gained 0.14%. The S&P 500, on the other hand, fell 0.24% on Thursday, and is now down 0.17% for the week.

Despite Trump’s claims, historical stock market data would suggest otherwise: “That’s something investors need to keep in mind,” says Mark Freeman, chief investment officer at Sororro Asset Management. “Knee-jerk reactions” in the market from impeachment talk are unlikely. Impeachment headlines will add pressure on Trump to complete a trade deal—even if a limited one—with China before his 2020 bid for re-election. “You only want to fight so many battles,” Freeman says.

There’s also the key consideration of whether Trump will be impeached or removed from office. As Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, points out, this is a “critical difference” for the market: Stocks plunged when Nixon was removed from office, while the market soared when Clinton got impeached.

CNBC beat you to the punch

Now THAT is what is important! Figure out a way to blame the inevitable Republican crash on the Democrats! Do it! Treasonous assholes.

So you can see into the future?

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Here’s How Impeachment Talks Will Affect The Stock MarketDespite Trump’s claims to the contrary, the market is unlikely to “crash.” WATCH OUT That claim is due to his inflatable ego. The markets care more about interest rates than impeachment. The markets might actually rise if Trump is impeached as it would make a truce in the trade war more likely.
Källa: Forbes - 🏆 394. / 53 Läs mer »

The stock market's performance during the last US impeachment inquiry suggests investor fears may be overblownAn impeachment inquiry brings 'little justification' for investors to change their portfolios, JPMorgan Chase strategist John Normand said. Keep in mind though e-commcerce was fueling that market, this one doesnt really have anything like that charging it I am just sorry, but all these financial websites who are onlylook at this Huge political scandal only in the eyes of how it could hurt investors shows why America is in sad shape. You all should be worried about upholding our democracy and freedoms. That is far far more import
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Stocks climb on China trade deal optimism, despite Trump impeachment bidU.S. stocks were higher Wednesday, after falling for three days, amid new optimism for a coming U.S. - China trade deal that offset concern about a... That's ok, it'll correct. 😂
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Here's what happened to the stock market on ThursdayInvestors grappled with worries over U.S.-China trade relations and the mounting pressure by Democrats to impeach President Donald Trump.
Källa: CNBC - 🏆 12. / 72 Läs mer »