Investing in a low-trust world
Geopolitics is currently conditioning the macroeconomic environment, investment trends, and capital allocation.
Over the past few decades, investors have been able to afford to ignore political risks. They were, at any rate, a problem specific to emerging markets, or perhaps the trigger for occasional disruptions, but not a factor that materially altered portfolio construction. That premise no longer works. Geopolitics now conditions the macroeconomic environment, investment trends and the allocation of capital.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
