Uncertainty is never good for the stock market — just ask anybody who lived through the Nixon presidency. So with the Trump administration in the deepening throes of political (and possibly legal) turmoil, is it starting to show up on Wall Street? “The unemployment rate declining towards full employment levels is a great backstop for the economy and the markets,” says Peter Mallouk, CEO and chief investment officer of Creative Planning.
Television has done it again. It has once again changed the direction of a presidential election, and this time Hillary Clinton was the beneficiary - and she probably doesn't even know why. In 1960, a sweaty Richard Nixon ran headfirst into an opponent who loved the camera, and the sentiment was mutual - the camera loved him.