Hello monkeys,
As you all have probably read on the news, former FBI director Robert Mueller has just been appointed by the DoJ to oversee the federal investigation into Russian investigation in 2016 election.
With all that's happened in the last two or three days, this seems like a huge relief for the markets. Dow climbs 100 points (+0.32%) from its 372 point loss (-1.8%) yesterday.
Then again, there's still danger looming. Trump's firing of Comey somehow implies that he's definitely guilty of something... an impeachable offense. Hell, his firing of Comey is even counted as obstruction of justice.
Allan Lichtman, who has correctly guessed the outcome of every presidential election since 1984, claimed Mr Trump’s firing of Mr Comey was “more serious than Watergate”.“He arguably could be impeached now,” Mr Lichtman told Newsweek. “Arguably he’s already obstructed justice and already violated the emoluments clause [regarding receiving gifts from foreign governments]. I’m not saying we should impeach him now, I’m calling for an impeachment investigation.”
With that in mind, what do you monkeys think is going to happen when Trump is indeed, impeached, or under an impeachment investigation? (Then again not very likely with an impeachment requiring at least 2/3 of Senate votes and a majority vote in the House of Representatives.) We've seen the markets tank just because of a firing. Not only in the US, but the effects were felt all over the world.
Could this be the catalyst for another crisis?
Hopefully we will see the Comey memo soon if it exists. So far no one has found any evidence of collusion. Now we should find out soon with Robert Mueller as special counsel.
Although I do believe Comey said under oath that no one has tried to halt any investigation...
Allan Lichtman guy is probably just trying to pump his new book which is about impeaching Trump.
Comey doesn't seem to be the type that's a "sore loser" though. I believe he called out Trump for a reason. Let's see where this goes.
It would help if the media wouldn't report about memos without being able to verify the mere existence of them....
Oh well...
Well media's going to do what they're going to do to make money and get viewers, so there's that...
It's just so annoying on all sides, and has been getting worse and worse for everyone. It is just so frustrating to try to keep up with politics, and find unbiased journalism for the past few years, especially now....
Seems like Obama made things more partisan and polarizing and then Trump did that 100x haha.... it really sucks.
Until there is any sort of proof or something more damning, it is probably going to have little impact on the markets outside of the fact that the more this continues, the less likely any meaningful tax reform will come. Everyone wanted Comey fired a few months ago, now that it happens the left is screaming impeach. With all of the misinformation coming out, I think a lot of the market is going to tune out some of the media until there's some more hard evidence, which so far there hasn't been a single shred. I don't expect there to be much if any either. Think about this:
The media claims to know word for word what he has said about Comey and the words he has said to Russia in private meetings, yet they can't come up with ANY evidence of collusion or wrongdoing by Trump re; Russia? I don't believe anything the media says on a lot of this honestly.
Some sources say Repubs and the markets are already pricing in Pence as president. So, I think we'll survive.
Mueller is one of the most respectable people in Washington and he will either clear Trump of any wrongdoing or bring to light any instance of obstruction of justice.
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