Investors Needn’t Fear Trump Impeachment - News Summed Up

Investors Needn’t Fear Trump Impeachment


The cases of Michael Cohen and Paul Manafort could drive President Trump to the campaign trail before the midterms. The WSJ's Gerald F. Seib explains. Photo: GettyAssigning credit or blame to the man in the White House for the stock market’s performance is an unwinnable argument. President Trump in an interview on Fox News that aired Thursday said he thinks “the market would crash” and that “everybody would be very poor” if he were impeached. When John F. Kennedy was assassinated in November 1963, for example, the S&P 500 fell 2.8% but recovered within a couple of days.


Source: Wall Street Journal August 23, 2018 16:18 UTC



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