CIL | mikado - 1/20/2019 17:10
The market aspect of any more legal troubles for Trump does catch my attention. I absolutely agree the markets do not like instability. Let’s say for a minute that there is solid, indisputable evidence of an impeachable event...I would think the markets could get hit pretty hard. Would probably be a lot of “risk off” type of moves. Major events like 9-11 and the tsunami in Japan had many saying “sell...I don’t really care what but sell something “ For fleeting moments it looks like the world is in chaos and going back to the stone ages.
To that I would add....nowadays there are a ton of algorithms out there that search automatically for news about instability and race to dump commodities or stocks quickly before real human beings get to....then we see the massive slide and hit the panic button. |
Monday markets
