Archive for September 24th, 2019

Deeper Analysis

Impeachment and the U.S. Stock Market: Historical Precedents

September 24, 2019

A decline today in U.S. share prices has been attributed in part to a rising perceived risk that impeachment proceedings will be brought against President Trump. In the flexible dollar rate era, only two presidential impeachment events have occurred, and the performance of the U.S. stock market in those two examples could hardly be more […] More

New Overnight Developments Abroad - Daily Update

Difficult Day in the U.K.

September 24, 2019

The Brexit crisis deepened today as the highest British court ruled unanimously that Prime Minister Johnson’s suspension of parliament was illegal. Just 37 days remain before the current October 31 deadline by which a Brexit deal must be worked out by the Johnson’s government, which at the moment appears highly improbable. On the data front, […] More