Overly Optimistic in Time of Volatility
Yopie Hidayat (Contributor)
Tempo
October 5, 2020
USUALLY, political mayhem acts as a disruptive factor in emerging economies, throwing their financial markets into chaos. This time it’s a different story. A global market shock came from the United States, a country with a well-established political system and democratic tradition. The political uncertainty near the upcoming November presidential elections has caused a sharp rise in financial market volatility.
This is becoming worse as P
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