Political Period

• Although at times they seem separate, political events are important to monitor because at times they can have an effect on markets and economies
• As such, it is also important to monitor politics.  Elections and parties can drive major political events that impact markets
• Markets dislike uncertainty and political changes/elections can cause uncertainty
• Markets can adapt to any changes once they occur, but find it difficult when the outcome (ex elections) is uncertain

Examples:  

• Declarations of War
• Trade Wars
• Sanctions
• Trade Deals
• Fiscal Policies & Spending
• Tax Cuts and Increases