The best indicator that the Democrats farcical impeachment inquiry, conducted in secret until Wednesday and hinging on the testimony of an unnamed “whistleblower” is a dud, is evident in the stock market response:
Here’s where the markets settled Wednesday, November 13, at the end of regular equity trading:
Dow (^DJI): +0.33%, or 92.1 points, surging to a new 52-week high
S&P 500 (^GSPC): +0.07%, or 2.2 points
Nasdaq (^IXIC): -0.05%, or 3.99 points
10-year Treasury yield (^TNX): -2.3 bps to 1.886%
Gold (GC=F): +0.76% to $1,464.70 per ounce
This is at the close of day after the embarrassing spectacle put on by Adam Schiff and his band of leftists who made invalidating the 2016 election and pushing for the impeachment of President Trump their foremost obsession since before he took the oath of office.
Fitting the description of the circus it is, Pissi Myles,* a super-size grotesque “drag queen” decked out in a gigantic blonde bouffant wig and flaming red iridescent mini-dress with cutaway shoulders, was permitted access.
The Dems claimed this would be a bi-partisan effort, yet not a single Republican voted for this investigation.
A resolution authorizing public hearings and laying the groundwork for eventual proceedings in the Judiciary Committee passed by a vote of 232 to 196. All but two Democrats voted for the measure, with all Republican members voting against it. The chamber’s sole independent, Justin Amash (MI), joined the Democrats in voting for passage.
Many of today’s conservatives were raised by Democrat parents who lived through the Great Depression or its aftermath. Today’s vengeful and out-of-control Democrat Party is not the one they knew. They would be appalled.
* H/T Photos Daily Mail