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Does the ASX care that Donald Trump has been impeached, twice? // The Motley Fool Australia
The United States economy constitutes roughly one-fourth of the world economy, according to NASDAQ’s January 2020 analysis.
Remarkably, the person employed to oversee this incredible international beast as part of his job has been nearly booted out of office now, twice.
When Congress is continuously taking active duty to dethrone the President of the United States, I can’t help but ask myself: Does the ASX share market care that Donald Trump has been impeached, twice?
The first time Donald Trump was impeached
The first time US Congress tried to fire Donald Trump was in 2019. It was 18 December 2019, to be exact.
In the four weeks that followed, the S&P 500 was up around 4%. The S&P/ASX 200 Index (ASX: XJO) followed suit,…
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