These are extraordinary times in Washington, D.C., in which President Donald Trump is only the fourth president in U.S. history to face an impeachment inquiry. Regardless of the outcome, the impeachment proceedings will likely dominate Washington for the foreseeable future. The common narrative in the financial markets is that impeachment will crowd out everything else and that nothing productive will get done in Washington, which will only reinforce the skittishness and uncertainty in markets. We think that assessment is more right than wrong, but we also note that there may be an underappreciated silver lining to ... (full story)