Global political risks one year on from Brexit – what have we learned?

Key points

• Geopolitical issues create much interest, but as we saw over the last year starting with Brexit this doesn’t mean they’ll have a big negative impact on financial markets.

• However, a backlash against economic rationalist policies and inequality, and the declining relative power of the US globally will likely mean that geopolitical issues will continue to flare up in the years ahead.

• Key issues for investors to keep an eye on are the upcoming Italian election, the ongoing risks around President Trump and North Korea.

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