Investors are betting on a Clinton-like market rally if House impeaches Trump

Posted on AllSides September 26th, 2019
From The Center

Stocks so far are shrugging off risks that President Donald Trump could be impeached, but investors may be betting that if he is, the market will ultimately rally, the way it did in the Clinton era.

On Tuesday, House Speaker Nancy Pelosi announced that the House would investigate impeaching Trump for seeking help from the president of the Ukraine in gathering dirt on Democratic presidential candidate, Joe Biden and his son.

The idea of impeachment was initially a negative for stocks, which sold off Tuesday as investors anticipated Pelosi’s 5...

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