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It may be that the reversal in markets on Friday was merely a punctuation mark to what was a very volatile week. Stock markets were cautious...
Political uncertainty makes for market uncertainty. And in that respect, the market uncertainty usually translates itself into falling stock markets and rising gold prices.
Anti-globalization, anti-immigrant parties are leading in France (Marine Le Pen) and Netherlands (Geert Wilders). In Germany, Angela Merkel’s party could be in trouble but more from...