How would the markets react if Trump were to say ; " I resign "

@anythingoes477 depends. If the virus scare levels out, vulture capitalists will make quick work of buying up weakened stocked

@ViciDraco Don't think so. This isn't a blip. This is a full blown market correction. LONG overdue. Oil prices caused part of this. Election year caused part of it. Nothing is going back up soon.....maybe in a long while.

@Tastyfrzz

He won't step down.

@BizSuitStacy

The point is it depends on [b]WHAT[/b] the unexpected surprise is.

Not all surprises are bad news.

[quote]The atomic bomb wasn't exactly a huge surprise.[/quote]

😂 😂 😂 😂 😂

Try telling that to Gen. Douglas MacArthur on August 6, 1945.

Or Vice President Truman just before FDR died that April.

@beckyromero uh huh...the Japanese, Germans and the US all had nuclear programs dating back to the 1930s.
All 3 nations were in a race to develop the atomic bomb. But nobody knew. It was all just a huge surprise. History claims MacArthur actually knew before hand. And yes, Truman was only briefed after FDRs death. But given the amount of counter intelligence around the Manhattan Project...and US counter intelligence knowing both the Japanese and Germans were extremely close to building their own. How much do you really believe of who knew what and when?

Indeed...not all surprises are bad news. Exactly why the markets rebounded so favorably after the initial shock of Hillary's defeat. Still doesn't change the fact that the markets had adjusted to a preconceived Hillary victory prior to the election.

If Trump were to resign there would be the initial shock and market decline. But the business world would not view this positively.

@BizSuitStacy [quote]the Japanese, Germans and the US all had nuclear programs dating back to the 1930s. ... both the Japanese and Germans were extremely close to building their own[/quote]

Neither the Japanese or the Germans were close to splitting the atom.

The "surprise" was that it was achieved. No one knew it would work until Trinity

[quote] History claims MacArthur actually knew before hand. And yes, Truman was only briefed after FDRs death.[/quote]

If you want to consider hint a week before is "knowing before hand."

The War Department sent Brigadier General Thomas Farrell to brief MacArthur on the atomic bomb at the end of July 1945, basically to direct forces under his command to stay clear of targets by the 20th Air Force (which was[u] not[/u] under MacArthur's command). Then, on August 7th, a day after Hiroshima, MacArthur received a full briefing on the Manhattan Project by Dr. Karl Compton, a member of the president's advisory committee on the Project.

@ViciDraco Let’s try it, just to see what happens.

@LeopoldBloom I believe there is a whole host of other reasons for him to resign, from incompetence to corruption to his personal health. But this is beyond just him. And I doubt pence would do much to settle investor nerves.

@ViciDraco I'm being facetious. The markets don't like uncertainty, and Trump resigning would only increase that. But despite Friday's rally, I don't see anything changing. We're in a very uncertain period right now, and the wild fluctuations in the market are a sign of that. I think next week is going to be pretty bad.