Excerpt from MarketWatch’s latest article quoting DataTrek’s Nick Colas:
… “However, some market participants believe that the president, despite his pro-growth policies and the corporate tax cuts enacted late last year, isn’t the main driver for the current market expansion.
“Online prediction markets now make the odds that President Trump will be impeached at 45%, a new high. Equity markets don’t seem to care, and we think they are right,” wrote Nicholas Colas, co-founder of market analytics firm DataTrek Research in a Thursday note”….
Read the whole article and the rest of Nick’s comments here on MarketWatch!