2018-11-30

President Trump Impeachment Odds in One Chart

2013: Will Obama Be Impeached? Watch The Stock Market
2017: Will President Trump Be Impeached? America Edges Towards Social Unrest
2018: Will President Trump Be Impeached?

If Trump were to be impeached and removed, a likely minimum target for the S&P 500 is 2400 if its serious enough a charge that GOP Senators would vote to convict. Then the next target would be the resistance line from 2000 to 2008, around 1500, now long-term support if he is removed or resigns. The market will have to tank relatively hard in 2019 to crush Trump's approval because there won't be impeachment in an election year.

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