Stock market dismisses impeachment as ‘big, fat nothingburger’

Dec. 19, 2019, Fairfax, Va.–Americans for Limited Government President Rick Manning today issued the following statement in response to stock market indices shrugging off impeachment:

“The stock market continued its climb to new record highs in the aftermath of the House impeachment of President Trump. It is clear that investors are dismissing the House-manufactured crisis as a big, fat nothingburger. Normally, we would not even pay any attention to day-to-day stock markets as they have little economic predictive value. However, when Wall Street yawns at an impeachment vote between submitting buy orders, it is instructive about the general disregard for the House’s frantic attempt to politically wound the President. Speaker Pelosi’s best hope is that Congress breaks for Christmas and the American people forget her party’s collective political pout. Maybe this explains why Pelosi is not sending the Articles of Impeachment to the adults in the Senate where she will summarily embarrassed.”

Interview Availability: Please contact Americans for Limited Government at 703-383-0880 ext. 1 or at media@limitgov.org.

###

Print Friendly, PDF & Email