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.