The office of the President of the United States is the most important position in the world. Those who wield its power are able to make or break nations, sway hundreds of millions of people, and set the tone for what’s happening in the world.
With that said, President Trump seems to think even more highly of his lofty position than any of his predecessors.
Would the stock market crash if he were impeached? Probably, but that’s not unique to him. Any presidential impeachment would send shock waves through the financial sector.
Would we all be poor as a result? No. I shouldn’t need to explain why this is the case.
Here’s what he thinks would happen if her were impeached:
“If I ever got impeached, I think the market would crash. I think everybody would be very poor.”
Take it down a few notches, Mr. President.
The stock market has had little reaction so far to Trump’s renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. The Dow fell slightly on Wednesday and stock futures were little changed Thursday morning. Traders say the market right now expects Trump to avoid impeachment unless the special counsel investigation can tie the president directly to collusion with Russia to sway the 2016 election.