Could the U.S. stock market's tumble earlier this week — its first 1% or greater drop since last October — reflect investors' collective reaction to the possibility of a Watergate-like political scandal unfolding in Washington?
After initially wondering if it might, I started doubting myself upon realizing that it's been more than 40 years since Watergate gripped our nation and led to then-President Richard Nixon's resignation. Those doubts became stronger given the almost certain wrath that I would incur from President Donald Trump's supporters for even raising the question.
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