Displaying items by tag: indictment
Here is What Will Shock the Market This Year
(New York)
The market will inevitably be shocked by some big news this year. Trying to forecast such news always seems like a futile exercise, but Barron’s has gone out on a limb and tried to select what will rock markets in 2018. There a three big calls being made. The first is a US government shutdown on the back of political in-fighting. That might cause a dip, but not a lasting one. The other two could be different. For instance, a looming trade war with China or other major trading partners could cause serious market issues. Additionally, there may be indictments of Trump’s closest family members, including Donald Trump Jr. and Jared Kushner, according to Barron’s.
FINSUM: Indictments of Trump’s family would rock Washington and the national psyche to its core. But it is hard to say that it would have a lasting effect on markets other than to create political uncertainty.