What Trump’s troubles mean for the stock market + MORE May 20th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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The investigation into Donald Trump and Russia: FAQ(Kevin Lamarque/Reuters)
In recent weeks President Donald Trump has been at the heart of one political bombshell after another related to his campaign’s ties to Russia, but his move to fire FBI Director James Comey ratcheted up pressure on the Trump administration. With the appointment of a special counsel to investigate the issue, the Trump presidency faces its biggest crisis yet.
To help make sense of it all, we’ve assembled a list of frequently asked questions about the Trump-Russia investigation.
 

What is a special counsel?
What happens if Donald Trump resigns?
Who is Robert Mueller?
Who is Rod Rosenstein?
How does impeachment work, and could it happen to Donald Trump?
What is a trial in the senate?
What is the 25th Amendment, and could it be used against Trump?
How many official investigations are now underway?
What do Trump’s troubles mean for the stock market>

 
What is a special counsel?
Deputy attorney general Rod Rosenstein appointed Robert Mueller to serve as a special counsel for the United States Department of Justice this week, authorizing him to continue the investigation led by former FBI director James Comey into any ties between Russian government officials and individuals associated with the campaign of U…

Continue Reading On macleans.ca »

What Trump’s troubles mean for the stock market(Reuters/Andrew Kelly)
Donald Trump likes to say he moves markets. The past week provided concrete proof of that claim: The Donald acted, and markets fell.
Since the election, markets have largely tuned out the negative headlines about Trump and his administration. Markets generally viewed the goings on in the White House as a distraction from Trump’s promise to implement his so-called pro-growth agenda, such as tax reform.
But the news that Trump allegedly made a personal appeal to  then-FBI director James Comey to drop the bureau’s investigation into former national security adviser Michael Flynn, altered the landscape. That revelation shifted the market’s view that Trump’s agenda might not just be delayed, but completely derailed.
Given the market saw its biggest one-day decline in months before recovering somewhat, the question becomes how might markets respond if this political crisis deepens and Trump either resigns or gets impeached?
History unfortunately doesn’t offer much of a guide…

Continue Reading On macleans.ca »

Strong earnings from Autodesk, Deere boost investors’ spirits after Trump slump

Continue Reading On theglobeandmail.com »

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