The long-awaited report from the inspector general of the Justice Department is expected to come out Thursday.
It’s probably going to show wrongdoing by top officials of the FBI and maybe the CIA in regard to the investigation into Hillary Clinton’s missing e-mails.
The more damaging it is to those intelligence agencies the better it is for President Trump — and that will be cheered by the financial markets.
The next step is what Wall Street should be worried about. What will the Democrats reaction be?
Not surprisingly, there were leaks Wednesday that the president’s personal attorney, Michael Cohen, is about to cooperate with Special Counsel Robert Mueller.
If Cohen has anything that puts the president in jeopardy, Wall Street won’t like it.
And if all of this leads to that oft-used phrase “constitutional crisis,” investors really won’t like it. It’s gonna get exciting.
Source: The New York Post