Market Won't Crash If Trump Faces Impeachment, Barclays Says

President Donald Trump has warned that the stock market would plummet if he were impeached. Barclays Plc disagrees.

“We doubt that capital markets would collapse if President Trump’s administration was endangered, either electorally or indeed legally,” William Hobbs, head of investment strategy at Barclays Investment Solutions in London, said in a blog post. “The forward momentum of the world economy, and therefore its capital markets, has little to do with the actions of the White House, past, present or future, in our opinion.”