Geopolitical events often make traders and investors nervous, and this will lead to volatility in the financial markets. However, history shows these events generally don’t have a sustained impact. “We reviewed the data and it seems that the large majority of individual major events — ranging from the assassination of Archduke Ferdinand 100 years ago through to 9/11 and recent events in Iraq and Ukraine — impact major stock markets by around 10% of less, with the effect being fully reversed within a month or so,” writes Credit Suisse’s Head of Research and Deputy Global CIO Giles Keating. “This suggests …read more
Source: Business Insider
