The impeachment trial officially begins today.
Like him or hate him, President Trump has branded the stock market as “his.” Treasury Secretary Steve Mnuchin has even admitted on record that the Trump White House sees the stock market as a “report card.”
With that in mind, the markets are currently suggesting there is ZERO chance of President Trump leaving office. Markets have just surged to new all-time highs after the House passed the Articles of Impeachment into the Senate.
Internals are strong as well, with breadth breaking out to the upside.
Indeed, ever since the Democrats began their impeachment “probe” the market has been soaring.
Unlike polls, political commentators, and surveys, the market isn’t biased. It doesn’t use a questionable “methodology.” All if does is discount what is coming down the pike. Looking at this, it appears the market is NOT discounting President Trump leaving office. If anything, it is discounting the President winning 2020 in a landslide.
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Chief Market Strategist
Phoenix Capital Research