transporter
Well-Known Member
Expected this to be from some "never heard of them" firm....someplace just looking for some press. It's not. Interesting concept,too...depending on the circumstances the theory is plausible
Wall Street firm predicts stock market would rally if Trump resigned
I posted some similar thoughts to this a week or so ago. Trump getting booted or leaving would open the door to a more stable government and a higher likelihood of a normal, sane, experienced and moderate Republican winning in 2020. The longer Trump is in office, the more erratic he becomes, the more his decisions further weaken America, the more likely we end up with Elizabeth Warren or someone of her political persuasion.
Wall Street firm predicts stock market would rally if Trump resigned
Raymond James acknowledged Trump's resignation is a "low probability event," CNN Business reported. But the firm said in the "possible" event of the president stepping down it predicted Vice President Mike Pence will help the market stabilize.
"After the initial shock, we think the market rallies as Pence is a predictable, traditional, conservative choice," CNN Business reported the firm wrote in a report published Wednesday evening.
Raymond James analyst Chris Meekins told CNN Business that the company wrote the report because people in Washington keep talking about the possibility.
"Independently, different people associated with Trump's orbit brought this idea up unsolicited," Meekins said.
...
"Trump has become so erratic and unpredictable that it's annoying for the markets," CNN Business said Valliere added. "Pence is a boring, conservative, pro-business Midwesterner."
I posted some similar thoughts to this a week or so ago. Trump getting booted or leaving would open the door to a more stable government and a higher likelihood of a normal, sane, experienced and moderate Republican winning in 2020. The longer Trump is in office, the more erratic he becomes, the more his decisions further weaken America, the more likely we end up with Elizabeth Warren or someone of her political persuasion.