…If impeached…, US-China trade war gears up. Trout fishing in Wyoming. No more SALT. Email it in Financial Review by Sinclair Noe for 08-23-2018   DOW – 76 = 25,656 SPX – 4 = 2856 NAS – 10 = 7878 RUT – 5 = 1717 10 Y un = 2.82% OIL + .08 = 67.91 GOLD – 10.70 = 1185.60   Stocks closed lower, with almost all S&P 500 sectors falling. Trading volume was low, which is fairly typical for the dog days of August. In an interview with Fox News this morning, Trump said that if he is impeached, he thinks the market would crash and everyone would be poor. On political prediction site PredictIt, the odds of a Trump impeachment hit a three-month high, with the current odds of it happening by the end of 2019 sitting at 37% and the probability of it happening sometime within his first term at 45%.   On Tuesday, Trump’s former campaign manager Paul Manafort was found guilty on 8 charges of tax evasion and bank fraud; a mistrial was declared on 10 other counts as one lone juror held out for acquittal. Also on Tuesday, Trump’s personal lawyer Michael Cohen pleaded guilty to 8 counts, including illegal campaign contributions made “at the direction of a candidate for federal office.” These campaign violations involve payments made to adult film star Stormy Daniels and Playboy model Karen McDougal. Trump was not named in the charges against Cohen but he was tentatively identified as ...