By Theron Mohamed, Business Insider, September 2019
President Donald Trump on Thursday argued that stock markets would crater if Democrats impeached him.
“If they actually did this the markets would crash,” Trump tweeted. “Do you think it was luck that got us to the best Stock Market and Economy in our history. It wasn’t!”
Trump was responding to a tweet by the Fox Business host Maria Bartiromo that said “Stocks hit session lows after Pelosi calls for impeachment inquiry.” Fears of political turmoil rattled global markets Wednesday.
The S&P 500 has posted meager gains over the last 12 months, reflecting fears over Trump’s trade war with China and the impact of his tariffs on the growth of the global economy.
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