Trump Today: Trump Warns Of Stock Market Crash As He Rails Against Impeachment

President Donald Trump

President Donald Trump on Thursday warned of a stock market crash if he were to be impeached, as he reportedly demanded to know who gave a whistleblower information about his call with Ukraine’s president.

‘THE MARKETS WOULD CRASH’

Trump in an early-morning tweet cited Fox Business Network reporting about stocks dropping on House Speaker Nancy Pelosi’s call for an impeachment inquiry.

“If they actually did this the markets would crash,” Trump said. “Do you think it was luck that got us to the best Stock Market and Economy in our history. It wasn’t!”

On Tuesday, equities SPX, -0.24%   extended their losses as it became apparent Pelosi would launch the inquiry. Wednesday, indexes DJIA, -0.30% COMP, -0.58%  were in the green again but stocks were trading lower Thursday on soured trade optimism and impeachment headlines.

See: Stocks slightly lower as trade optimism sours, investors keep eye on impeachment.

Meanwhile, the New York Times reported Trump told a private breakfast in New York, “I want to know who’s the person...who gave the whistleblower the information? Because that’s close to a spy.”

Now read: Vote Trump? That’s what these Wall Street Democrats say they might do if Elizabeth Warren gets the nomination.

Sign up for Trump Today and more MarketWatch newsletters.

RECENT NEWS

What Advisers Misunderstand About Protection

Protection is rarely rejected outright. More often, it is misunderstood. Most advisers recognise th... Read more

Gyrostat Market Outlook: Looking Beyond The 30-day Volatility Headlines

This outlook examines how financial markets are pricing risk rather than attempting to forecast market... Read more

Gyrostat Capital Management: The Hidden Assumption In Most Portfolios - Stability

Markets do not usually fail portfolios. Assumptions do. Most portfolios are built with car... Read more

Gyrostat February Outlook: Stewardship As Risk Reprices

This monthly outlook examines how financial markets are pricing risk, rather than attempting to forecast ... Read more

Gyrostat Capital Management: Why Risk Management Is Not About Predicting Risk

Why Risk Management is Not About Predicting Risk Financial markets reward confidence, but they punish certai... Read more

Gyrostat January Outlook: Calm At Multiyear Extremes

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direction. Its p... Read more