Politics could be the catalyst that touches off a bear market. Over the past two years, investor optimism surged, tracking a global bull market in equities with little sign of flagging positivity, however, Greg Valliere, chief political strategist at Horizon Investments, outlined several scenarios that could wipe the smiles from investors’ faces. “It seems like this rally is going to go straight to the sky,” said Valliere on Tuesday at the 2017 Schwab IMPACT conference in Chicago. “Maybe we’re getting late in the cycle, and we’re at a point where we’re all adults, and we need to think about what could possibly go wrong.” Addressing the 2,000 advisors in attendance, Valliere noted that his fellow presenters at the conference were acknowledging fundamentally sound markets tracking growing economies, but that political risk, whether it manifests as changing domestic policies, or deteriorating international relations, or something else, should be included in investing assumptions. According to Valliere, six scenarios could derail the bull markets. No.
from FA News https://www.fa-mag.com/news/six-ways-politics-could-capsize-the-bull-market-35737.html
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