Bull market could survive Trump impeachment effort but get battered in the process

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If Democrats try to impeach President Trump, it could rattle markets and create temporary uncertainty, but it is unlikely to succeed.

rebounded from its lows after Trump tweeted that he would release the full declassified transcript of his conversation with Ukraine's president. The market fell again when the. The market's selloff was its largest reaction so far to any headline about impeachment and Trump.

"My sense is the impeachment is well ahead of the country. I don't think it's going to be successful, and ... I don't think the country is behind it. It just adds to uncertainty." said Marc Chandler, global market strategist at Bannockburn Global Forex. "In some ways, what we're saying is Democrats might push for impeachment. Impeachment isn't too popular. Trump would likely have a second term. I think the market would like that.

If there is an impeachment process it could be much like that of President Bill Clinton, who was impeached by the House but not convicted by the Senate. By the time it got to Nixon's impeachment, the markets had already dealt with the Arab-Israeli conflict, the spike in oil prices followed by a big jump in inflation, and the collapse of the Nifty Fifty stocks. The stock market came under even more pressure when the House began impeachment proceedings.

 

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What bull market?

Market was doing just fine before Trump thank you.

realDonaldTrump brown face make up is very offensive! Justin Trudeau should giggle and point to this idiot!!!

They can impeach Trump all they want, Doesn't matter bc the same agenda will continue and carry on & Pence likely would do very well seeing to that

If the Democrats impeach our president there’s gonna be hell to pay in this country

Looks like the battering started today

Wait wait y’all were saying a recession is on the way 2 weeks ago? Now the bull market will survive a impeachment of the president.

Umm Thats big negative.

Looks like he's doing overtime in the booth lately.

He will make a China deal to prop things up I'm sure.

that’s not surviving, that’s called dying

175 In Congress Want Trump Impeached

Why does this jerk have white around his eyes

Blame democrats

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Trump says he discussed Biden with Ukrainian president and Democrats threaten 'new stage of investigation'President Donald Trump on Sunday acknowledged that he discussed former Vice President Joe Biden in a July call with Ukraine's president, as Democrats strengthened calls for investigation into Trump's contact with the foreign leader and party leadership warned of a new lawless chapter in the United States. So Biden acknowledged he interfered on behalf of his son while he was VP, but let's investigate Trump..lol..you cant make this stuff up. It's hilarious. What game are these Dems playing? Pelosi with her standard pursed lips canned responses, Nadler muttering into the mic, and then Schiff in controlled hysteria impeach mode. Will the FBI be investigating this threat of DomesticTerrorist ? Even school shooters r not this blatant. If rumor is probable cause 4 FBI to investigate students why isn’t this statement also probably cause?
Source: CNN - 🏆 4. / 95 Read more »

Ukraine drama could give Democrats no choice but to impeach TrumpThe Ukraine scandal raging around Donald Trump is forcing Democrats to confront a fateful choice on impeachment that will not just shape the 2020 election but will echo down the ages, StCollinson writes StCollinson so the only party worried about the implications of doing the right thing are the democrats? so we'll look back in 18mos and say 'boy did we make a mistake defending the country'? StCollinson There is no scandal. Soon people will forget about CNN. You won’t have any history for the ages. Maybe under fake news media in the future. StCollinson Heres the video of JoeBiden bragging about UkraineExtortion. realDonaldTrump has every right to look into it however he sees fit.
Source: CNN - 🏆 4. / 95 Read more »

Ocasio-Cortez: Democrats refusal to impeach President Trump is bigger scandal than his 'lawbreaking behavior'Amidst the whistleblower scandal, Rep. Ocasio-Cortez tweeted 'the bigger national scandal isn’t the president’s lawbreaking behavior - it is the Democratic Party’s refusal to impeach him for it.' Alex Witt and her panel discuss Ocasio-Cortez's tweet and comments by Rep. Adam Schiff that may indicate a shift in the impeachment discussion. AlexWitt I still can’t help thinking Trump would love to be impeached. Fuel to the fire for his base. Let’s not build him a stage so he can play the martyr. I really don’t want to see his version of an orange Hamlet. One year from November let’s vote him out and call it a day. AlexWitt Will we see tapes for a second time bringing a resignation, first with Nixon, and now with Trump, for his phone call to Ukraine’s President. AlexWitt Impeached Ocasio-Cortez!! Independents for Trump... 2020!!
Source: MSNBC - 🏆 469. / 51 Read more »

Impeachment pressure escalates as Democrats demand release of whistleblower's Trump complaintHouse Speaker Nancy Pelosi hinted Sunday that Democrats might expedite their investigation, writing in a letter to the caucus that they may be entering “a whole new stage.” Another Nothing Burger. Why is it only escalating? Why aren't they acting? Complicit cowards. Nancy Pelosi must expect a written invitation from Repubs to impeach. She’s a failure in upholding her duties.
Source: NBCNews - 🏆 10. / 86 Read more »

House Democrats Issue Condemnation Of Ukraine For Making It Harder To Avoid Impeaching TrumpWASHINGTON—In an effort to hold those responsible to full account, congressional Democrats issued a resolution Monday condemning Ukraine for its role in making it harder to avoid impeaching President Trump. “It’s completely unacceptable for Ukraine’s leaders to engage in these potentially criminal talks that have pushed us perilously close to taking action against the president,” said House Speaker Nancy Pelosi, telling reporters that the bill, H.R. 2995, would “send a powerful message” to any nation or individual who would attempt to force Democrats’ hands at conducting oversight. “If these allegations are true that Ukraine allowed itself to be blackmailed by President Trump, we have no choice but to denounce these actions in the strongest possible terms. It’s deeply reckless for Ukraine to push us towards investigating criminal behavior, especially so close to an election year, and we hope this resolution will put an end to that.” At press time, Pelosi had expressed her satisfaction that the bill had been approved after receiving widespread Republican support. I mean, we all know that if we take it super easy on Trump no matter we he does, Republicans are going to take it easy and be very fair when the next Democratic President does nothing remotely close to the kind of things Trump is doing. It's the smart long-term strategy. ouch
Source: TheOnion - 🏆 724. / 51 Read more »