Send a Tweet
Most Popular Choices
Share on Facebook 27 Share on Twitter Printer Friendly Page More Sharing
General News    H3'ed 12/21/19

Trump impeachment sends stock market soaring, despite president's warning it would crash

Quicklink Submitted By   No comments
Message Stephen Fox
Become a Fan
  (31 fans)
(Image by (From Wikimedia) Kowloonese (08:27, 30 May 2004), Author: Kowloonese (08:27, 30 May 2004))
  Details   Source   DMCA

US stocks soared after the House voted to impeach, in spite of Trump’s warnings of a market crash. The S&P 500 was up nearly 7 per cent compared to when Nancy Pelosi first announced the impeachment inquiry in September, and all signs point towards stocks headed higher on Thursday, according to CNBC. So far, investors and markets have seemingly ignored the political firestorm that has consumed Mr Trump’s presidency and Washington, rallying higher, r in spite of the grave accusations facing the American commander-in-chief. The markets' strength shows that the impeachment of Mr Trump may, economically, end up looking more like the event surrounding Bill Clinton’s impeachment in the 1990s, when the stock market continued to climb in spite of the sordid details that emerged surrounding the president’s affair.

Read the rest of the story HERE:

Rate It | View Ratings

Stephen Fox Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Early in the 2016 Primary campaign, I started a Facebook group: Bernie Sanders: Advice and Strategies to Help Him Win! As the primary season advanced, we shifted the focus to advancing Bernie's legislation in the Senate, particularly the (more...)

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
   (Opens new browser window)

To View Comments or Join the Conversation:

Tell A Friend