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Nov 4, 2019

What Does A Presidential Impeachment Mean To The Market?

by Keith Richards
In this article, I’d like to look at America’s two presidential impeachment enquiries, and the market’s reaction to these events. I wanted to explore just how much impact an impeachment enquiry of President Trump might have on the stock market. Here goes: Richard Nixon ("Tricky Dick") On Feb. 6, 1974, an impeachment inquiry was launched against President Nixon—“Tricky Dick” himself. Initially, the news was shrugged off by the stock market. But, as...
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