Top
image credit: Gage Skidmore / Flickr

Stocks rally through Trump’s impeachment process as investors bet on a Clinton-like outcome

December 19, 2019

Via: CNBC

President Donald Trump was impeached Wednesday night by the House of Representatives, yet stocks were not unnerved on Thursday, ignoring the political firestorm and instead focusing on a trade deal with China and an economy that appears to be reaccelerating.

In this way, Trump’s impeachment process is shaping up to reflect former President Bill Clinton’s, where stocks rallied, as opposed to former President Richard Nixon’s, where stocks fell.

Read More on CNBC