The stock market does not see much risk for Trump in the Mueller inquiry



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The Mueller probe hangs like a black cloud over the White House, but perhaps more above the stock market.

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"There is Trump the man," said Steve Massocca of Wedbush Securities. "Then there is Trump, and the market loves the agenda – lower taxes, less regulation, favor business, anything that could upset this agenda is bad, or anything that will stop it from ending." # 39; agenda is good. " "

"As far as people think that Mueller's investigation will not do anything negative for the Trump administration, they will like it," Massocca said. "Whitaker is very supportive of Trump and he has publicly made negative comments about Mueller's investigation."

Although strategists do not see a huge threat to Trump at the moment from the Mueller spacecraft, doubts remain as to what could happen elsewhere.

"Mueller investigates the cooperation of Trump and Russia in order to influence the election.If he can not show it must be a bullish signal." NY AG examines personal financial transactions Trump is a risk that has legs, "said Jack Ablin. , Director of Investments at Cresset Wealth Advisors.

Federal prosecutors in New York, meanwhile, are investigating separately to find out if there has been a violation of the campaign funding law in the earnings of porn star Stormy Daniels and Karen McDougal. Trump's former lawyer, Michael Cohen, has pleaded guilty to violating campaign funding and is cooperating with prosecutors.

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