How to play Trump’s predicament

Investors don't seem to be giving much thought to what happens if President Donald Trump is impeached, says Matthew Lynn. That could be a costly mistake.

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Nixon's resignation saw the S&P 500 drop 23%
(Image credit: Credit: IanDagnall Computing / Alamy Stock Photo)

Ten percent? Thirty percent? Seventy percent? You can argue about how real the threat of Donald Trump being impeached has become. But there is one thing you can't dispute: the markets are far too relaxed about the risk.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.