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Why stocks could rally if Trump heads for the exit

May 12, 2017 by Michael Whitman

From Marketwatch:

President Donald Trump is showing no signs that he will resign as the FBI firing controversy rages on, even if Democrats are dreaming of impeachment. Nonetheless, stock pundits are talking about how the market might react to such a move.

“What would U.S. stocks do if President Trump suddenly resigned? Based on recent price action, the answer is clear: Rally 3-5%, at least, over a day or two,” says Convergex’s Nick Colas for our call of the day.

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