Deutsche Bank’s Macro Economic Strategist Jim Reid and Research Analyst Jeff Cai look at the early reaction to geopolitical events particularly last week, and expect a “pivotal week” to ensure as North Korean bluster said they would be ready for a North Korean Missile attack by the “middle of the month,” which is fast upon us. With markets rushing higher, the North Korean Missile issue might be a case of bluster over substance and fall into a pattern of equity markets recovering after a crisis.
[russia]
Initial North Korean Missile bluster is ignored by markets Monday
Stock markets around the world were “were obviously in semi tantrum mode over...