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Friday, July 21, 2017 4:07:55 PM
Trump-Mueller Showdown Protracted Timeline
By Almanac Trader | July 21, 2017
All of the scuttlebutt in DC these days has created a form of gridlock that is keeping any changes at bay and companies and markets like the status quo. But if the situation in the US federal political arena unravels as it did for Bill Clinton in the summer of 1998 with the Lewinsky Scandal and for Richard Nixon in 1973 with the Watergate hearings, the market would likely be at least mildly adversely impacted.
It remains to be seen what will come of special prosecutor Mueller’s investigation if anything at all, but one thing is sure, whatever it is it will take some time to develop. A comparison of the timelines of the Clinton and Nixon scandals versus this Trump Russia probe investigation reveals that at a bare minimum, if anything ever comes of this it will likely not influence the market negatively in a major way for some time to come.
It is even likely to take longer now. Mueller has just expanded the investigation into all of Trump’s business dealings. Team Trump has fired back, questioning the propriety of the special counsel’s work by compiling a dossier of his and his team of prosecutors’ potential conflicts to discredit the investigation.
This of course includes the close ties between Mueller and Comey who succeeded Mueller as FBI Director and was Deputy Attorney General for a stint during Mueller’s FBI Directorship. The two men worked together to prosecute the Gambino Crime family and boss John Gotti in the early 1990s and stood up together against Bush 43’s unconstitutional NSA domestic wiretapping without a warrant business in March 2004 in sitting AG John Ashcroft’s hospital room convalescing from acute pancreatitis.
It could end up more like Lewinsky/Clinton for the market which was the shortest bear market on record. But if there is a trail of collusion it could be ugly. Only time will tell. But as you can see from the charts below of the Clinton and Nixon scandal timelines it will be the better part of a year before we know. Buckle up.
http://jeffhirsch.tumblr.com/post/163255295683/trump-mueller-showdown-protracted-timeline
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Click on "In reply to", for Authors past commentaries
By Almanac Trader | July 21, 2017
All of the scuttlebutt in DC these days has created a form of gridlock that is keeping any changes at bay and companies and markets like the status quo. But if the situation in the US federal political arena unravels as it did for Bill Clinton in the summer of 1998 with the Lewinsky Scandal and for Richard Nixon in 1973 with the Watergate hearings, the market would likely be at least mildly adversely impacted.
It remains to be seen what will come of special prosecutor Mueller’s investigation if anything at all, but one thing is sure, whatever it is it will take some time to develop. A comparison of the timelines of the Clinton and Nixon scandals versus this Trump Russia probe investigation reveals that at a bare minimum, if anything ever comes of this it will likely not influence the market negatively in a major way for some time to come.
It is even likely to take longer now. Mueller has just expanded the investigation into all of Trump’s business dealings. Team Trump has fired back, questioning the propriety of the special counsel’s work by compiling a dossier of his and his team of prosecutors’ potential conflicts to discredit the investigation.
This of course includes the close ties between Mueller and Comey who succeeded Mueller as FBI Director and was Deputy Attorney General for a stint during Mueller’s FBI Directorship. The two men worked together to prosecute the Gambino Crime family and boss John Gotti in the early 1990s and stood up together against Bush 43’s unconstitutional NSA domestic wiretapping without a warrant business in March 2004 in sitting AG John Ashcroft’s hospital room convalescing from acute pancreatitis.
It could end up more like Lewinsky/Clinton for the market which was the shortest bear market on record. But if there is a trail of collusion it could be ugly. Only time will tell. But as you can see from the charts below of the Clinton and Nixon scandal timelines it will be the better part of a year before we know. Buckle up.
http://jeffhirsch.tumblr.com/post/163255295683/trump-mueller-showdown-protracted-timeline
• DiscoverGold
Click on "In reply to", for Authors past commentaries
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