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I have to admit - I wasn't too surprised that congressional Democratic leaders roiled markets last week when they announced a formal impeachment inquiry into U.S. President Donald Trump.
Love him or hate him, I wish politicians would give it a rest.
As Chief Investment Strategist, I care about one thing and one thing only: helping you invest profitably. I'm here to help you grow and protect your money.
OK, technically that's two things - no matter.
Let's run through the possibilities. They're not as scary as they might seem...
Here's What Matters to Global Investors and Traders
Stock markets are, by their essential nature, forward-looking, future-discounting "organisms." They're always looking ahead, which means there's not likely to be much crying over yesterday's spilled milk.
Every day, I talk with traders all across the planet, and, overwhelmingly, they're already focused on what a Pence administration would look like and how that might impact the bets they've made on manufacturing, productivity, labor, prices, and much more.
My trading contacts want growth very simply because growth is great for their money - and yours, too, no doubt.
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From an investment standpoint - and it doesn't matter if they're personal fans of this president or they hate his guts - what these traders don't want is some sideshow that distracts everyone from moving ahead. And I don't care if it's impeachment, investigatory hearings, or ordering a pizza, congressional proceedings are by nature... big, noisy, neon-lit sideshows.
About the Author
Keith is a seasoned market analyst and professional trader with more than 37 years of global experience. He is one of very few experts to correctly see both the dot.bomb crisis and the ongoing financial crisis coming ahead of time - and one of even fewer to help millions of investors around the world successfully navigate them both. Forbes hailed him as a "Market Visionary." He is a regular on FOX Business News and Yahoo! Finance, and his observations have been featured in Bloomberg, The Wall Street Journal, WIRED, and MarketWatch. Keith previously led The Money Map Report, Money Map's flagship newsletter, as Chief Investment Strategist, from 20007 to 2020. Keith holds a BS in management and finance from Skidmore College and an MS in international finance (with a focus on Japanese business science) from Chaminade University. He regularly travels the world in search of investment opportunities others don't yet see or understand.