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Daily Analysis: Stocks Turn Lower as Trump Gets in Real Trouble

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Daily Analysis: Stocks Turn Lower as Trump Gets in Real Trouble


This article was posted on Wednesday, 20:02, UTC.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2374 -0.98% DAX 12685 -0.93% WTI Crude Oil 48.88 -0.13% GOLD 1257.00 1.69% Bitcoin 1833 5.21% EUR/USD 1.1138 0.51%   US stocks are sharply lower today after a swift overnight decline that was triggered by the words of fired FBI director Comey regarding Donald Trump. This latest scandal is probably the most serious so far for the POTUS, as several high-ranking Republicans have voiced their concerns already. Risk assets are under pressure globally in the wake of the events, as the odds of an impeachment has risen significantly. Asian and…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

I trade on Kraken, and I have noticed that the…