Politics and Financial Markets

There is plenty of attention focused on political events. One of those political events is the public hearing in which former FBI director James Comey testified about his experience with both President Trump and Trump’s administration. The second is the general election in the United Kingdom – an election that could have a significant impact in how the UK disengages from the European Union (EU). So, it’s a good time to ask, “Do political events matter to financial markets?” The simple answer is, yes! Financial markets love consistency and particularly love consistency that is bred of changes that suggest growth opportunities will expand. For example, When the Berlin wall was torn down a

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