Politics Matters - Sometimes

“The narrative of global markets is shifting away from its focus on central banks and monetary policy toward geopolitics and fiscal policy. The surprise outcomes of the UK referendum on membership in the European Union and the US presidential election suggest that the “old world order” of increased globalization and liberalization may be changing.

Add to that the constant threat of terror attacks, the proliferation of civil wars, and increased tensions among major economies and the message is clear: Investors need to become experts in the rapid assessment of geopolitical events to be successful in the coming years.” Continue reading.

Source: CFA Institute
6-minute read.