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Traders brushing aside US political risk as sentiment remains positive

From hantecfx.com

President Trump has been impeached. However, markets are paying very little attention. US politics has become hugely partisan during the time of an incredibly divisive President. The Democrat-controlled House has been perusing this impeachment process, but it is little more than political theatre. A simple majority in the House of Representatives was needed to “impeach” President Trump. However, the process needs to be “convicted” in the Senate by two thirds majority. The Republicans enjoy a 53-47 majority and thus means a highly unlikely 19 Republicans would need to vote against their President to convict the ... (full story)

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  • Category: Technical Analysis