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Trump 2.0: Political Risk and Complacent Markets, with Economist Larry Hatheway

Many Happy Returns

00:00

Complacency and Geopolitical Decision-Making

This chapter explores the psychological factors influencing decision-making during crucial geopolitical events like the Russian invasion of Ukraine and Brexit. It highlights how cognitive biases can lead to a disregard for harsh realities, resulting in unexpected market reactions. Furthermore, it examines the complexities of Trump's economic policies and their potential impacts on markets, particularly regarding the Federal Reserve’s independence and the bond market's response.

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