Here’s How Impeachment Talks Will Affect The Stock Market

that “the markets would crash” if he were impeached. Last year he 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 to 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 reelection. “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 resigned, while the market soared when Clinton was impeached.

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Here’s How Impeachment Talks Will Affect The Stock MarketDespite Trump’s claims to the contrary, the market is unlikely to “crash.” So you can see into the future? Now THAT is what is important! Figure out a way to blame the inevitable Republican crash on the Democrats! Do it! Treasonous assholes. CNBC beat you to the punch
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

Here’s How Impeachment Talks Will Affect The Stock Market“Knee-jerk reactions” in the market from impeachment talk are unlikely by skleb1234
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

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.
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

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.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Here's what happened to the stock market on FridayStocks fell on Friday after reports the White House is considering curbing U.S. investment in China.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »