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struggle4progress

(118,295 posts)
Sat Sep 28, 2019, 12:30 AM Sep 2019

Investors don't need to worry about a potential impeachment

... “Frankly, things that happen in the political world have less of an impact like you might think. Right now, trade is the big issue in the markets, and in the economy, for that matter,” said Michael Joyce, president of advisory firm Agili ...

Mitchell Goldberg, president of ClientFirst Strategy, also predicted volatility in the short term. “It definitely throws in a high level of uncertainty that will go away pretty quickly, within six to 12 months,” he said, but he added that investors and retirement savers should take a measured approach to making any changes in their investments ...

“From peak to trough, the stock market went down about 40 percent — keep in mind, that was also during the time of a severe recession and an oil shock due to the Arab oil embargo. You can’t take Nixon’s resignation in isolation,” Goldberg said ...

... “It’s relatively clear that a Republican Senate is not going to remove him from office," Cox said ...

Even if Trump were to be removed or resign, some suggested Wall Street might welcome more predictability out of Washington ...

https://www.nbcnews.com/business/business-news/why-investors-don-t-need-worry-about-potential-trump-impeachment-n1059701

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Investors don't need to worry about a potential impeachment (Original Post) struggle4progress Sep 2019 OP
He'll blame any bad economic news customerserviceguy Sep 2019 #1

customerserviceguy

(25,183 posts)
1. He'll blame any bad economic news
Sat Sep 28, 2019, 12:33 AM
Sep 2019

on the impeachment proceedings, count on it. Some have said that we're in for a recession, it's possibly why he has been so reckless lately. He always takes credit for good things, and blames others for bad things.

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