Wall Street is scrambling to figure out what the conclusions of special counsel Robert Mueller's long-awaited investigation mean for the stock market.
Wall Street is scrambling to figure out what the conclusions of special counsel Robert Mueller's long-awaited investigation measn for the stock market.
"I think the market was going to bounce back anyway and this gives it a a little extra oomph," said Stephen Weiss, founder of Short Hills Capital Partners."But overall the investigation rarely was a big concern for investors. If there is a big pop on this, you can likely fade it." "No one fully contemplated an impeachment: It's just so hard to do. That's always been the fallback position. The thinking was there could be disruption, but that it could never unseat the president."
"We're going to pretty much roll into the first-quarter earnings season. And we all knew the economy was slowing, but have we priced that in? Does this earnings reporting season give us a corporate American that guides us down again or have we gotten everything in place?""It frees him up to focus on infrastructure and housing reform."
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