< Back

Thomas S. Caldwell, C.M.

Even though we have discussed impeachment before, the story continues. Now that President Trump has been impeached, how will this impact markets and investors?

Posted: January 2, 2020
+ posts


Want to hear something good?Sign up for updates

A transcript of this episode is available below, modified for a more enjoyable reading experience. For more posts exploring the ideas we talk about in the episode, check out our Related Reads links.

Your Host
Thomas Caldwell
Thomas S. Caldwell, C.M.

Chairman & Founder, Director

Thomas S. Caldwell graduated from McGill University in 1965, and has been actively involved in the investment industry since that time.
Mr. Caldwell is Chairman of Caldwell Investment Management Ltd., an organization founded in 1990. Caldwell Investment Management Ltd. is a diversified investment company providing investment management to a broad spectrum of investors throughout Canada.
In 2014, Mr. Caldwell was inducted into the IIAC Investment Industry Hall of Fame.
Mr. Caldwell is CEO and a Director of Urbana Corporation, a publicly traded investment company and Chairman of the Canadian Securities Exchange (“CSE”), “The Exchange for Entrepreneurs”. He also serves on the Board of the Conference of Defence Associations Institute in Ottawa. Mr. Caldwell was appointed Honorary Lieutenant-Colonel of The Lincoln and Welland Regiment in January 2014.
Mr. Caldwell is a past Governor of the Toronto Stock Exchange and one of the leading experts in capital markets, particularly in trading environments. He is recognized as one of the world’s foremost investors in securities exchanges. Mr. Caldwell manages the investment pools he is responsible for on a value/strategic overview basis.
Caldwell Investment Management Ltd. and its affiliates were the second-largest owners of the New York Stock Exchange prior to the NYSE’s demutualization.
Mr. Caldwell has, through his career, been actively involved in addressing social and community needs.
He was awarded Her Majesty’s Golden Jubilee Medal in 2002 for his activities on behalf of Canadian Veterans. In 2003 he was appointed a Member of the Order of Canada for his work in assisting those in need as well as contributing to institutions working to better the lives of others. In 2012, he received Her Majesty’s Diamond Jubilee for his efforts on behalf of the disadvantaged.
Mr. Caldwell and his wife Dorothy have been married since 1966 and have two sons, Brendan and Theo, and four grandchildren.

00:13 Interestingly after the impeachment vote the markets went up and here we are a second day. Beyond that impeachment the markets are still continuing to move up. I think the whole process is being seen as highly political.
00:28 Most defense attorneys really don't see much in the way of a convicted bull. If that's a word case here and now they seem to be holding it back from a legitimate trial where witnesses are called in the Senate. I think what's happening is the Democrats are misreading the American public. The average American couldn't care less about the Ukraine and frankly they don't even care about Mr. Biden or his son. They're interested in jobs. They're interested in opportunities. They're interested in paying their mortgage.
00:57 And frankly President Trump has worked well for them in that regard. So I think he's got a pretty good shot to 20 win here. And who knows the Republicans may even benefit from this exercise that the Democrats are going through. So I don't see it as a major impact and we don't even know whether it's actually ever going to go to trial but at any rate I think the world will roll on beyond this soap opera.