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'Markets Shrug Off Impeachment' of President Trump: ‘It’s a Non-Event’...
theepochtimes ^ | 12/19/2019 | BY TOM OZIMEK

Posted on 12/19/2019 6:17:21 PM PST by caww

Stock markets in Europe and the United States shrugged off the Dec. 18 vote by the U.S. House of Representatives to impeach President Donald Trump....

U.S. STOCKS ROSE TO ALL TIME HIGHS on Dec. 19, as investors took news of the impeachment in stride....“The market knows the impeachment will not make it through the Senate,” Muir said. “It’s a non-event for the markets. You can see that in the fact that the spooz were unchanged overnight.”

In addition, U.S. Treasury Secretary Steven Mnuchin said an initial U.S.–China trade deal would be signed in early January, adding to optimism that was fueled by a breakthrough in trade talks last week.

Further boosting optimism around the strength of the U.S. economy and labor market, data on Dec. 19 showed the number of Americans filing applications for unemployment benefits dropping from more than a two-year high last week.

Labor market strength is underpinning consumer spending, keeping the economy on a moderate growth path despite headwinds from the trade tensions and slowing global growth.

(Excerpt) Read more at theepochtimes.com ...


TOPICS: News/Current Events
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1 posted on 12/19/2019 6:17:21 PM PST by caww
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To: caww

Pelosi and democrats stock going down down down.


2 posted on 12/19/2019 6:24:13 PM PST by minnesota_bound (homeless guy. He just has more money....)
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To: caww

Well, since the ridiculous turn of events in the Schiff/Nad/Nan show it’s looking like PDJT is locking in that second term so the market is cruising right along.

Not really all that hard for common sense business leaders to understand and react to.

.


3 posted on 12/19/2019 6:24:26 PM PST by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: caww

So far there’s no impeachment since pelosi hasn’t delivered any charges to the senate. Unless she does very soon, they’ll be a nonevent , a nullify anyway. Finally, McConnell sees there’s no basis for the ( fake) charges in the house — and will make very very very short order of them. Like maybe within an hour


4 posted on 12/19/2019 6:25:36 PM PST by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: caww

Imagine what our economy could be doing if Trump had a cooperative Congress. Just imagine!


5 posted on 12/19/2019 6:27:32 PM PST by TigersEye (This is the age of the death of reason.)
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To: caww
You can see that in the fact that the spooz were unchanged overnight.

I do not think that word means what you think it means.

6 posted on 12/19/2019 6:37:39 PM PST by Jeff Chandler (BLACK LIVES MAGA)
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To: TLI

Agree...it generally doesn’t take much for the markets to wiggle, they rose instead. All things appear to be ‘comfortably’ humming along in the US...

I did read some stores will be closing but that is what retail does every year at this time.....they close any that are not producing and consolidate where they invest. Just goes with the Industry.


7 posted on 12/19/2019 6:50:16 PM PST by caww
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To: Jeff Chandler
spooz

I wondered about that....someone needs some more covfefe.

8 posted on 12/19/2019 6:53:41 PM PST by spokeshave (If anything, Trump is guilty of attempting to obstruct injustice.)
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To: faithhopecharity
There isn't an Impeachment until there's a trial. It's actually pretty funny watching the D-rats, who should understand the process, celebrate nothing as if it's something more than it is... Those doing so just showed how dense and incompetent they are to be in their positions..
9 posted on 12/19/2019 6:57:36 PM PST by caww
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To: TigersEye

Frankly I’ve never seen a President accompllish so much for our country ‘without’ the do nothing House.


10 posted on 12/19/2019 7:00:02 PM PST by caww
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To: caww

I predict that Trump will wear the impeachment like a badge of honor...a lot like Martin Luther King looked at his unfair imprisonment as a badge of honor..how Allied Resistance fighters looked at imprisonment by the Nazis as a badge of honor...the same way Christians imprisoned by Communists look at it as a badge of honor....


11 posted on 12/19/2019 7:08:24 PM PST by MuttTheHoople
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To: caww
Most President's second terms are usually filled either with scandals (Johnson's Vietnam War, Bill Clinton's Intern Molestation Scandal, Obama's weaponization of the Federal Government against Conservatives), controversies (the Watergate controversy, Iran-Contra controversy, Bush's Katrina)...

I see Trump's second term as being even bigger and better than his first term. The House and Senate will be led by his acolytes, and even the spineless weakling Republicans will fall inline with what he wants (An Army of Lambs led by a Lion).

12 posted on 12/19/2019 7:11:59 PM PST by MuttTheHoople
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To: caww

It’s beyond amazing IMO. I’d be amazed at what he’s done if he had done it with cooperation.
Since when do politicians keep campaign promises!?!

AFAIC he could include Ryan’s House in his “do nothing” accusation but DJT just pushes forward no matter what.


13 posted on 12/19/2019 7:20:33 PM PST by TigersEye (This is the age of the death of reason.)
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To: TigersEye

I’ve thought of that too. Not only that, this nation could have been improved so much more. Hey, even the Republicans in Congress for the first two years thumbed their noses at him.

It’s sickening how bad it was.


14 posted on 12/19/2019 7:29:30 PM PST by DoughtyOne (Pledge: "...and to the Democracy for which it stands..." I give up. Use the democRat meme...)
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To: TigersEye

SPOT ON !


15 posted on 12/19/2019 7:30:17 PM PST by nopardons
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To: TigersEye

Shhh. These idiots are holding prices down during one of the countries greatest economic booms. If you are not expanding now, you are missing a big opportunity.


16 posted on 12/19/2019 7:51:06 PM PST by justa-hairyape (The user name is sarcastic. Although at times it may not appear that way.)
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To: DoughtyOne

Absolutely, DO. The economy is just one of many things DJT has done good things for and could have improved even more if America was the a priority for the rest of the pols.


17 posted on 12/19/2019 7:54:00 PM PST by TigersEye (This is the age of the death of reason.)
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To: nopardons

THANKS!


18 posted on 12/19/2019 7:54:53 PM PST by TigersEye (This is the age of the death of reason.)
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To: justa-hairyape

My waist line is getting a little bigger.


19 posted on 12/19/2019 7:55:56 PM PST by TigersEye (This is the age of the death of reason.)
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To: TigersEye
My waist line is getting a little bigger.

Leon?


20 posted on 12/19/2019 7:58:30 PM PST by dfwgator (Endut! Hoch Hech!)
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