Stocks Historically Shrug Off Damaging Political Events: Marc Chaikin

Amid a guilty verdict on numerous counts in the trial of President Trump's former campaign chairman Paul Manafort and a guilty plea from President Trump's former attorney Michael Cohen, veteran markets pro Marc Chaikin reminds investors that stocks typically dismiss damaging political events.
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Amid a guilty verdict on numerous counts in the trial of President Trump's former campaign chairman Paul Manafort and a guilty plea from President Trump's former attorney Michael Cohen, veteran markets pro Marc Chaikin reminds investors that stocks typically dismiss damaging political events.

In a live webinar with TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer, Chaikin pointed to previous political events that investors dismiss:

  • Kennedy assassination
  • Nixon resignation
  • Iran Contra
  • Clinton impeachment

To watch a replay of the one-hour Cramer-Chaikin webinar, click here