Summary Geopolitical tension has sharply escalated in the wake of yet another North Korean missile launch aimed in Japan’s general direction. For many Investors already worried about overstretched valuations in global risk assets this could have been the perfect trigger for a sell-off. Yet, financial markets have been remarkably resilient. Is this just further evidence of a complacent bubble-mentality amongst global investors or something else? We also consider potential downside...(continued)
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