2017 Clear Harbor Flash
Geopolitical Uncertainty...Market Complacency?
February 10, 2017
Headlines of late seem to describe two different planets at once. In the financial pages, we have seen equity indices march to new highs, and indications of volatility trend toward historically low levels. Yet in the geopolitical sphere, we see a reawakening of concerns not entertained in some cases since the Cold War—and in others since the days of Smoot-Hawley.
Amid such newfound political uncertainties, is it wrong to ask if complacency might be elevated among market participants? At Clear Harbor, we believe it is irresponsible not to.