Barclays Says Market Won’t Crash If Trump Impeached

Barclays disagrees that the stock market would plummet if President Trump were impeached, Bloomberg reports.

Writes William Hobbs, head of investment strategy: “We doubt that capital markets would collapse if President Trump’s administration was endangered, either electorally or indeed legally. The forward momentum of the world economy, and therefore its capital markets, has little to do with the actions of the White House, past, present or future, in our opinion.”