Geopolitical angst more a market feature than shock

Market surge: Traders busy on the floor of the New York Stock Exchange. Wall Street ticked higher last week and should add a bit more to its rally this week. - AP

EVEN with two geopolitically risky wars raging and a series of critical elections next year, there’s little in annual outlooks suggesting investors should head for the bunkers.

Judging by a torrent of 2024 investment advisories already filling inboxes, anxious geopolitics – turbulent for over five years amid trade wars, a pandemic, Russia’s invasion of Ukraine and the Israel-Hamas war – is now almost considered a constant to be navigated rather than a reason to go to ground.