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Stock market closes at record high, shrugs off impeachment

Markets remain unmoved by impeachment of president, ongoing rhetoric between Nancy Pelosi and Mitch McConnell

 

Last updated 12/28/2019 at 8:55pm



Tom Ozimkek

The Epoch Times

Stock markets in Europe and the United States shrugged off the Dec. 18 vote by the U.S. House of Representatives to impeach President Donald Trump.

U.S. stocks rose to all-time highs Thursday, Dec. 19, as investors took news of the impeachment in stride.

Kevin Muir, a veteran trader and author of the MacroTourist, a macroeconomics blog popular among professional investors, told The Epoch Times that markets remained unruffled by the vote because participants know there’s essentially no chance Trump will be removed from office.

“The market knows the impea...



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