trk, the market hates uncertainty and the Coronavirus offers up serious uncertainty this week. I also think the John Bolton book revelations printed in the NYT this morning has offered more uncertainty and spooked investors.
Here's my thoughts on the Bolton issue: If Bolton testifies, it will be the first time anyone hears first person testimony regarding the president's direct involvement with the holding of Ukrainian defense funding. It's unlikely to change the outcome of the trial, but it will likely damage the president and his chances for re-election. Also, Sanders is surging in the polls. None of this is good news for Wall Street.
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