How would an impeachment affect the stock market?

Interesting question because the stock market is all on its own.

It would depend on more than just the outcome. The charges leading to impeachment, duration of preceedings, information disclosed, swiftness in transition of power, etc.
Impeachment alone would not necessarily cause any disruption.

It’s high now because there were huge expectations that Trump would be successful at dumping Obamacare, passing a budget, making business friendly laws, and so on. However, as you can see, he hasn’t delivered a darned thing, and the chances of doing so get smaller every day. He has no political clout and no one trusts anything he says.

I would say that the stock market is pretty much ignoring Trump now. They are comfortable with the current status where he can’t do too much damage. Things may not be super favorable for business, but they will be stable for now.

So if impeachment takes place, you will see a slight drop due to instability, but then as Pence (who is no angel, but at least he is rational) takes over, things will stabilize and pretty much stay at a good level.

Pence will have the same problem that Trump is having – the nutty Tea Party (Freedom Caucus) that won’t let him pass anything. So the Democrats will be needed to keep things on an even keel.

So, barring nuclear war, things will be just about where they are, even if there is impeachment.

If there is a protracted impeachment, the market will fall due to uncertainty.

But I don’t think it’s likely. The best strategy for Republicans is to persuade Trump to resign for “health” reasons well before the 2018 midterms.

He hates the job and he sucks at it. It will be a win for everybody.

Elbanditoroso—the stock market is up FIFTEEN PERCENT since Trump took office, and has been rising steadily. There have been a few drops here and there when the rumors fly ,,, but its rising.

@Yellowdog did you read what I wrote? Yes, it’s up 15% because of anticipation of legislation. But if that doesn’t happen, it will either be static or go down a little.

The key question is what happens when Wall STreet realizes that Trump can’t deliver on his promises.

All I can say is that, once the Watergate Scandal got serious and it became known the President was involved in the coverup through testimony of insiders and staff (which took about 11 months after the initial story broke), the stock market took a dive, flattened out and stayed there for at least three years. Things really didn’t start to pick up until 1981.

Interest rates rose to 20% for first-time home buyers, mutual funds and retirement plans dwindled causing people to postpone retirement and new job opportunities dried up. It was not a good time to be coming into the job market just out of college.

I wasn’t around much for the Clinton thing, but the Nixon thing—the mid-to-late 70’s—was the biggest financial markets disaster since the Depression and until 2008. But we also had a war to pay down for which we had spent a million dollars—1967 dollars—per minute for ten years.

The Market already has Healthcare reform, Tax Reform and Regulatory Reform built in. The Market expects those things to happen. An impeachment proceeding would make those unlikely and the market will react negatively. With all the screaming and yelling from the Democrats, nothing has come close to any impeachable offense. Personally I would expect a full blown recession if it were to happen as the market gives back all the gains we’ve seen so far. The Market looks forward and doesn’t really care who is in power. The legislative agenda is what is driving the Market and if that agenda changes the market will follow.

I sometimes wonder if anything really affects “the market” or if they just use circumstances to justify something they want/wanted to happen.