Are Your Investments Safe Without Trump?

Donald Trump told Fox News today that if he were to be impeached the markets would crash and everyone would be poor, a presumptuous statement for a sitting president. It sounds like fear-mongering because it is. It is a bit difficult to see how the public would take his proclamation as reliable investment “advice.” Nevertheless, investment firms felt the need to release guidance statements that regardless of the viability of his political career, equity market strength is not politically driven. Companies have been performing well for quite a while in the present bull market, which began well before he was ever elected. We have observed a lot of raucous through the President’s twitter feed, but this seems to be vacuous play on his base. Additionally, it is unhelpful and unfortunate to attack the independence of the Federal Reserve as he has done and to try to inject doubt into the viability of free markets without his leadership. NBC News

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