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It's the politics, stupid.
While not quite James Carville's original sentiment during Bill Clinton's 1992 presidential run, it appears to be an appropriate new catchphrase for the markets in 2016 according to David Kotok.
Kotok, the chief investment officer of Cumberland Advisors, said that after the UK's vote to leave the European Union in late June roiled everything from stocks to currencies around the world it has become clear that the biggest market moves will come from elections... Читать дальше...