You might think launching a formal impeachment inquiry against the sitting president of the United States would have a negative impact on markets.
Investors, Don’t Worry About Impeachment
That’s a reasonable assumption.
However, after House Speaker Nancy Pelosi announced just such an inquiry into President Donald Trump following whistleblower allegations that he pressured Ukraine to meddle in the 2020 elections by looking into the Democratic frontrunner, Joe Biden, Wall Street’s initial reaction has been fairly muted.
