Click link below picture

.

Is Wall Street finally getting ready to throw in the towel on President Trump? Perhaps.

Stocks fell sharply Wednesday following reports of a memo from former FBI Director James Comey that says Trump asked him to stop the investigation of former national security adviser Michael Flynn.

 The Dow ended 373 points lower Wednesday — about a 1.8% decline. It’s the biggest drop since September.

A key measure of market volatility also spiked. The common “I word” in the market lexicon — inflation — is now being replaced by whispers of impeachment.

“With a growing chorus of Democrats accusing Trump of obstructing justice and even calling for his impeachment, the Trump administration could come to an early season finale,” wrote Lukman Otunuga, a research analyst with currency broker FXTM.

Gold prices have popped over the past week too. The yellow metal often does well when investors are nervous. It’s a classic flight to safety bet. The US dollar has also sunk recently against the euro and other currencies. And virtual currency Bitcoin has soared.

.

.

.

Click link below for article and video:

http://money.cnn.com/2017/05/17/investing/stocks-trump-comey/index.html

.

__________________________________________

 

Advertisements