The New York Stock Exchange has been leaving mouths agape and investors pinching themselves ever since Donald Trump was elected president.
The Dow Jones Industrial Average has surged on a virtually vertical line, from about 18,000 points to a peak of 2616.71 on Jan. 26, before dropping a couple of thousand points and then regaining 500 on Tuesday.
Analysts are posing a number of reason for the market volatility.
But Rush Limbaugh thinks there’s one factor everyone is missing.
On his program Tuesday, he pointed to the people trying to remove President Trump from office.
“There are a lot of people in the market who I think are very, very alarmed by the instability brought about by this attempt to get rid of Donald Trump,” Limbaugh told his listeners.
He began his explanation:
We have this mysterious roller-coaster stock market. Yesterday when the market was going through its gyrations and plummeting down,