Vice-President Mike Pence and President Donald Trump take part in a welcome ceremony for the new chairman of the Joint Chiefs of Staff in Virginia on September 30. With the launch of a formal impeachment inquiry against Trump, US domestic politics has suddenly risen to the top of the list of concerns for financial markets. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

The impact of a Trump impeachment would be just too unpredictable for confused markets to cheer it on

  • Hope that the impeachment inquiry may spur Trump to conclude a trade truce with China remains just that – mere hope. Too many variables are at play, including Beijing’s reaction to a weakened Trump presidency. Truth be told, markets have not done too badly under Trump

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Vice-President Mike Pence and President Donald Trump take part in a welcome ceremony for the new chairman of the Joint Chiefs of Staff in Virginia on September 30. With the launch of a formal impeachment inquiry against Trump, US domestic politics has suddenly risen to the top of the list of concerns for financial markets. Photo: AP
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