'Markets won’t like the uncertainty it brings, In previous instances (Nixon, Clinton) there has been rockiness for equities and the dollar.'
European and Asian stocks and US futures dropped on Wednesday after Nancy Pelosi launched a formal impeachment inquiry into Donald Trump. The Speaker of the House pulled the trigger in response to the US president reportedly withholding aid to Ukraine while pressuring its leader to investigate Democratic presidential candidate Joe Biden and his son. Traders also recoiled after Trump criticized China's economic policies and warned of the"immense power" of social media platforms.
European and Asian stocks and US futures dropped on Wednesday after Nancy Pelosi launched a formal impeachment inquiry into Donald Trump. The Speaker of the House pulled the trigger in response to the US president reportedly withholding aid to Ukraine while pressuring its leader to investigate Democratic presidential candidate Joe Biden and his son. Traders also recoiled after Trump criticized China's economic policies and warned of the"immense power" of social media platforms.
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