The Money Mustache Community

Other => Off Topic => Topic started by: pistolpete123 on February 02, 2018, 12:21:20 PM

Title: Will stock market tank if Trump fires Rod Rosenstein?
Post by: pistolpete123 on February 02, 2018, 12:21:20 PM
Trump/GOP angling to fire Rod Rosenstein or at the very least discredit the Mueller investigation. If Trump does the unthinkable and fires Rosenstein, certainly extremely large scale protests will occur by people rightfully defending democracy and the rule of law. Obviously, I have other larger concerns regarding our country - but since this is MMM - do you think this decision will have a negative impact on our short term economy?
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: Mississippi Mudstache on February 02, 2018, 12:38:17 PM
No.
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: DS on February 02, 2018, 12:41:14 PM
Yes. Even if he doesn't it will. Everything to 0 this year.

"Fear is back" - thorstach, 2016
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: Travis on February 02, 2018, 12:54:02 PM
Great Britain announced they wanted to leave the EU and the global market had a 2-day hiccup.  This controversy has been going on for a year and the market has done what it's done because there are much bigger things for the market to think about.  Worry about getting a hot meal and a good night sleep.
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: Sibley on February 02, 2018, 01:05:41 PM
Does it matter in the short term? Don't sell. If you can, buy.

Longer term if disruptions continued/esclated might be different. But realistically, at some point the market is going to be the least of your worries.
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: matchewed on February 02, 2018, 01:21:41 PM
Why would the economy react to the firing of the DAG?

Does this reduce their profits or people's buying power? Does it cause inflation or fluctuations in the bond market?
Title: Re: Will stock market tank if Trump fires Rod Rosenstein?
Post by: Mac_MacGyver on February 02, 2018, 04:20:11 PM
No, I hope he does.