Excerpt of US News/Yahoo Finance quoting DataTrek’s Jessica Rabe:
…. “After a relatively modest sell-off on Tuesday afternoon, the S&P 500 recovered on Wednesday morning as a number of market experts said impeachment proceedings are likely headed for a dead end. In the meantime, DataTrek Research co-founder Jessica Rabe says she expects macroeconomic concerns, including the trade war, to be the primary driver of volatility in U.S. stocks.
“The news that Democrats are launching impeachment proceedings against President Trump does not change our view on the markets, as the odds that the Senate will convict the president are low,” Rabe says”….
Read the full article here on Yahoo Finance!