Economics
Markets Ignore Political Risks Until Economic Growth Threatened
- Measure of cross-asset market risk falls for 3rd week straight
- ‘Markets won’t pay attention to political risk’: Memani
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Political fractures dominated headlines all weekend. Monday brought a stock-market rally.
For investors who’d started getting used to markets lurching in response to the latest shock from Washington, the calm seems unsettling. It shouldn’t be, says Krishna Memani, chief investment officer at OppenheimerFunds Inc.