UBS On-Air: Paul Donovan Daily Audio 'Disliking uncertainty'
UBS On-Air: Market Moves · Podcast owner
June 11, 20242m 40s
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Show Notes
Financial markets dislike any increase in uncertainty. Politics in Europe was judged to have increased uncertainty, and markets responded accordingly. It is the change in uncertainty that matters. The outcomes of the thousands of US elections held this November are also a source of considerable uncertainty, but, perceptions of that level of uncertainty are not changing very much.