The Long Shadow of French Elections

Posted on 13. Apr, 2017 by Jean Jacques Ohana in Weekly Focus

April 13, 2017, Jean-Jacques Ohana and Dr. Christian Witt (both YCAP Asset Management)

Over the last couple of weeks, markets have been clueless. Some ups, some downs. But nothing dramatic; not even a correction that is worth the name. In our view, this is due to formidable tail risks––most notably an accidental, disorderly breakup of the [...]