The attempt by the U.S. intelligence community to depose Trump led by James Comey (FBI), John Brennan (CIA) and James Clapper (director of national intelligence) is well-known by now. These officials used a flawed and unverified “dossier” paid for by Hillary Clinton to get a warrant to spy on a low-level official in the Trump campaign.
Of course, this surveillance included senior officials who spoke to the junior official, thereby granting access to the entire Trump campaign. The effort was aimed at preventing Trump’s election. After that failed, the effort was directed at preventing Trump from taking the oath of office by forcing him to step down in favor of Mike Pence with selective leaks of the dossier material and unsupported accusations about Trump’s ties to Russia.
When that failed also, the intelligence community did not give up. As this article reports, after Trump fired Comey, a new investigation was launched based on a theory that Trump was operating under Russian influence.
There’s no proof that Trump was influenced by Russia and there’s a strong case that the U.S. should improve relations with Russia in order to counter even greater threats from China. The story is almost two years old and there’s nothing to support it. It seems the media are just recirculating old “news” with no basis to keep up the drumbeat of anti-Trump coverage.
The message for investors is that the war on Trump will not end soon. More uncertainty and volatility are to be expected.
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