A quiet market lulled investors to sleep. Now we’re seeing psychotic traders setting their hair on fire over a 2% market drop that’s taken the S&P 500 back to levels we haven’t seen since… April 20.

Perhaps all is peace again…

But revisiting yesterday’s question… will Trump really be impeached?

Jim Rickards weighs in thus:

Trump will not be impeached. That will never happen in a Republican-controlled House of Representatives. Democrat dreams of regaining the House in 2018 are mostly wishful thinking (because of the way congressional districts are established), and even if they win, the investigations will mostly be over by then and Trump will be exonerated, if not unscathed.

Jim’s nailed plenty of recent calls — Brexit, Trump’s November win, this month’s French election — to cite a few.

Now Jim says Trump won’t be impeached.

And with his rock-solid record, don’t put us down for a bet against him.