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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWall Street: Impeachment Wouldn't Disturb Markets
Tommy Christopher
August 24, 2018 4:32 am
Wall Street experts are not impressed by Trumps threat that the stock market will crash and Americas will be thrown into poverty if hes impeached, Politicos Ben White reports.
The consensus among Wall Street figures, White writes, is that the strong stock market could easily survive Trumps impeachment and removal.
Whats more, Trump leaving the White House early could even cause a relief rally, since investors would no longer have to worry about the economic harms of Trumps trade war or his general unpredictability.
Im not sure the market would be all that upset by Trump being forced to leave, Jim Paulsen, chief investment strategist at the Leuthold Group, told Politico. Many Republicans might welcome it.
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http://www.nationalmemo.com/wall-street-impeachment-wouldnt-disturb-markets/
Bernardo de La Paz
(49,047 posts)Awsi Dooger
(14,565 posts)Up another .6 today and at all time high level
If you look at Trump's approval rating the only category that is keeping him from dropping below 40 consensus is how people view him regarding the economy.
I don't mind a short term drop for political benefit but right now it is not happening
C_U_L8R
(45,025 posts)duforsure
(11,885 posts)And he always like to hype up stuff to scare people with, another clear sign of a professional con artist.