Trump lawyer plays compilation of Democrats calling for Trump’s impeachment before he actually was
President Trump’s lawyer plays compilation of Democrats calling for Trump’s impeachment well before he actually was.\n\nREAD MORE: http://on.forbes.com/trumpsenate
US Democrats Call for Trump’s Impeachment
Global stocks tumble to two-week lows after US lawmakers called for an investigation into President Donald Trump’s impeachment, raising prospects for prolonged political uncertainty.
The move by House Democrats has heightened market fears of high risks of a global recession, as well as a trade dispute between the US and China..
Trump issued a scathing rebuke to China’s trade practices in his recent speech, escalating the situation after more conciliatory dialogues Last few days.
Geopolitical tensions are exacerbated by uncertainty about the prospects for the UK Brexit issue after the Supreme Court ruled that Prime Minister Boris Johnson illegally suspended parliament.
The MSCI Global Stock Index drops 0.4%, contracting for the fourth day in a row and showing the longest streak of decline since late July.
Global markets and without impeachment have already been rocked by political unrest in Hong Kong, Britain, Italy and the Middle East..
The dollar index, which measures the US currency against a basket of six major currencies, up 0.2%.
The pound sterling fell 0.4%. The British FTSE Index fell 0.8%. UK FTSE Index Down 0.8%.
«The ultimate outcome of Brexit remains difficult to predict. As a result, long-term risk return forecast for UK stocks looks uncertain», – said Mark Hefele, Chief Investment Officer of UBS Global Wealth Management.