Reported 6 months ago
Unexpected election outcomes in major developing countries like Mexico and India have caused significant market upheavals, illustrating the impact of politics on 2024 markets. From Mumbai to Mexico City, the unpredictable nature of elections is challenging traditional polling methods, with ramifications felt globally. As 40 countries head to national votes, markets are already feeling the effects, serving as an early warning for upcoming elections in the EU, UK, and the US. Traders are preparing for increased volatility as elections continue, emphasizing the importance of considering tail risks and the evolving relationship between politics and markets.
Source: YAHOO