Trump indictment ‘nonevent’ for markets, experts say

The Hill ^ | 08/02/2023 | TAYLOR GIORNO

[ChicagoConservative27]

While former President Trump’s latest indictment rocked political and media circles Tuesday evening, the news was likely not a factor in market losses Wednesday morning.

“A fundamental market tenet is that market prices are based on expectations, not realizations. The Trump indictment was widely anticipated, so while a seismic event politically, it really isn’t a major event with respect to capital markets,” Robert Johnson, a finance professor at Creighton University’s Heider College of Business, told The Hill.

[ChicagoConservative27]

I don't see why it should

[PGR88]

At what point do investors realize our central government political instability, and total inability to control its spending, is similar to something we might see in a country like Bolivia or Thailand?

[Texas Fossil]

The Hill? Leftist crap.

“experts say”

LMAO

Disinformation? hee hee hee

[Texas Fossil]

Yep

[Samurai_Jack]

another day another fake democrat indictment making a joke out of our justice system the way they did our electoral system. That’s really all that’s left of us.

[EEGator]

Why should one more bit of irrational information affect the already irrational market?

[reasonisfaith]

When they realize they’re watching a movie.

[Vaduz]

President Trump’s latest indictment was likely not a factor in market losses.

I boils down to one item Biden squandering more money then we have.

Printing presses running 24/7/365

[GOPJ]

Biden overspent and the country's 'credit score' took a hit... That could have an effect.

Hunter wasn't 'selling access - Hunter was soliciting bribes

[Savage Beast]

Yes, it's like a wayward boy crying WOLF! and pointing at yet another stuffed animal.