Geopolitics

The World Isn’t a Safe Place. Own Stocks Anyway.

01/07/2016

Conflict and tension are omnipresent, and markets typically aren’t impacted materially.

MarketMinder Minute - Terrorism Doesn't Terrorize Stocks

12/11/2015

This MarketMinder Minute evaluates how stocks generally react to terrorism.

Terror Will Never Succeed

11/16/2015

Free societies and markets are too resilient for terrorism to materially impact them.

There Is Nothing About Terror to Fear But Fear Itself

09/11/2014

As we remember the events of September 11, 2001, we take a look back at how terrorism has historically impacted stocks.

About Ukraine and Russia …

07/18/2014

Tragically, Ukraine is the center of attention again. But the situation as it pertains to global stocks hasn’t changed much.

Bizarro Diplomacy, Normal Bull Market

09/18/2013

Recent foreign policy flubs shouldn’t hurt stocks—they’re just more fuel for the gridlock markets love.

Thug Island Dreamin’

08/19/2013

Historically, geopolitical tensions move stocks less than you might think.

A Look at Egypt and Global Markets

07/08/2013

Tensions are flaring in Egypt, but history shows this shouldn’t much impact global stocks.

German CO2 Panels China: Vitamin C

03/20/2013

This week in governments … governing.

Do You Hear the People Sing?

01/01/2013

Thanks to France’s Constitutional Council, incomes over €1 million won’t be taxed at 75% in 2013, but President François Hollande may try again for 2014.

Inside Korea’s Election

12/20/2012

With the election of Park Geun-hye as Korea’s next president Wednesday, the outlook for free trade appears bright.

Gambatte Ne, Abe-san

12/18/2012

Japan’s new prime minister pledged to end his nation’s long-running economic funk, but his planned fiscal and monetary stimulus likely won’t combat Japan’s deep structural issues.

Regulatory Wrangling

12/05/2012

A look at some of Tuesday’s international squabbling over financial regulation.

Moody’s Muddled French Markets

11/21/2012

Economic reality doesn’t seem to have influenced Moody’s downgrade of France as much as political pressures likely did.

The Tie That Binds

11/20/2012

At this week’s ASEAN and East Asian summits, free trade talks trump territorial disputes.

Greece Is the Word

11/13/2012

The latest on Greece’s aid negotiations.

A Look Around the Eurozone

10/30/2012

While the US hunkered down for Hurricane Sandy, Europe was plenty busy.

Japan and China’s Island Tug-of-War

10/23/2012

Japan and China’s land dispute may have some short-term economic impact, but it shouldn’t derail global growth.

Alba Gu Bràth!

10/16/2012

Scotland got clearance to hold a referendum on independence in two years. What does this mean for Scotland and the UK?

This One Goes to 11

10/10/2012

Eleven eurozone nations agreed to pursue a financial transactions tax—a misguided endeavor, in our view.

Welcome Changes

10/09/2012

India and Hungary have made notable economic policy shifts in recent days.

Songs We’ve Heard Before ...

10/03/2012

Another “critical week for the euro,” a proposal to ring-fence eurozone banks and putting the cart before the horse on jobs and economic growth.

Fisher Investments on Global Elections

10/02/2012

The skinny on this week’s elections in Venezuela and Georgia.

Budget and Bailout Burros

09/28/2012

It is a mistake to underestimate the political willingness of those in Europe to support the euro.

Bluster, Barroso and Bazookas

09/13/2012

Europe was busy Wednesday, with some potentially significant steps toward resolution underway.

Predictable Politicking

09/11/2012

The latest on Greek budget negotiations and Germany’s upcoming court ruling on the ESM.

September to Remember?

09/05/2012

Neither market history nor current events should give investors an automatic reason to fear September.

Privatizing Postbank and Power

08/31/2012

Greece and India have huge economic differences, but both could benefit from private sector expansion.

Homage to Catalonia

08/29/2012

Catalonia’s bailout request provides a window to Spain’s fascinating history.

Disputed Territory

08/28/2012

A territorial dispute between South Korea and Japan may stall their trade talks, but the global free-trade march continues.

Ich Will Europa

08/24/2012

During the latest critical week for the euro, Angela Merkel makes a video and the Greek bailout renegotiations heat up.

Another ‘Critical’ Week for the Euro

08/21/2012

A brief update on what’s being heralded as another “critical” week for the euro.

P Is for Politicking, Progress and Portugal

08/07/2012

As Greece continues politicking over economic reform, Portugal demonstrates the benefits of getting more competitive.

Democracy Wins in Romania

07/31/2012

While EU officials take heat for their treaty-focused slow-go approach during another supposedly “critical week for the euro,” they should earn kudos for taking that same approach during Romania’s democratic crisis.

Super Mario?

07/27/2012

From the Olympics to Mt. Olympus and Mario Draghi—all eyes were on Europe on Thursday.

Weighing Tuesday’s Follies

06/27/2012

A roundup of Tuesday’s more head-scratching developments.

Nineteenth Time’s the Charm?

06/26/2012

What NOT to expect at this week’s not-so-make-or-break EU summit.

Europoliticking

06/19/2012

All the latest on the Greek and French elections.

Here Come the Men in Black?

06/12/2012

The skinny on Spain’s bank rescue agreement.

A Spanish-German Compromise?

06/05/2012

As Spain and Germany debate how to support Spanish banks, there are signs a compromise is in the offing.

Fisher Investments View: The Greek Jitterbug

05/24/2012

Markets were jittery again Wednesday tied likely to Greek news—even though it wasn’t particularly new news.

Mind Your Own Beeswax

05/23/2012

Seems some supra-national bodies were busy handing out (unsolicited) advice Tuesday.

The Greek Gambit

05/22/2012

Alexis Tsipras is stirring the debate in Greece … and apparently playing chicken with EU leaders.

Grexit Strategy?

05/15/2012

In the wake of last week’s parliamentary election, Greek politics are getting a bit more bizarre.

Europe the Morning After

05/08/2012

A look at the French and Greek election results.

The EU’s Great Growth Debate

05/01/2012

As Spain officially re-enters recession, EU leaders debate how to stoke growth.

Crossing the Pyrenees

04/20/2012

Demand was strong at Spanish and French debt auctions despite jitters over Spain’s borrowing costs and France’s election.

China Check-Up

04/13/2012

Spotty data over the course of Q1 have worried some about not only China’s chances for growth this year, but also the world’s. So what do the data have to say?

Around the World in Manufacturing

04/03/2012

As global manufacturing continues expanding broadly, regional reports highlight some interesting happenings around the world.

Around the World in Manufacturing

04/03/2012

As global manufacturing continues expanding broadly, regional reports highlight some interesting happenings around the world.

Walking the German Tightrope

03/27/2012

A look at what may be motivating German Chancellor Angela Merkel.

The Politics of Preferential Purchasing

03/20/2012

Despite some protectionist politicking, EU trade is getting freer.

Mid-Week Potpourri

03/08/2012

A brief look at some of Wednesday’s global news items, including Spain’s attempt at irony and Hungary’s latest tempest.

As Oil Prices Rise, So Do Theories

02/27/2012

Oil prices have risen lately, resurrecting some old theories regarding their impact.

Raising Flags Over the Eurozone

02/24/2012

Greece continued to make incremental progress Thursday, and additional signs of the eurozone’s multispeed economy emerged.

Running the Greek Marathon

02/14/2012

Greece’s parliament passed a key austerity vote on Sunday, but that’s just one mile marker in a grueling marathon.

Same Greek Dance, Different Italian Song

02/10/2012

Eurozone officials continue to show ample willingness to forestall a sudden and disorderly euro breakup.

Tick Tock Goes the Clock

02/09/2012

Greek debt talks are down to the wire. But what does that mean?

A World of Politics

02/08/2012

2012 isn’t just a US election year—globally it’s an active election year.

A European Spectacle

01/31/2012

At EU leaders’ first 2012 summit, officials jousted over Greek funding and the new fiscal compact.

Dancing About Europe

01/10/2012

A survey of the eurozone’s latest.

Talking Tokyo

12/28/2011

Japan’s been quite busy the last few days—here’s a quick rundown of some primary stories.

Bonds and Banks

12/21/2011

Spanish yields, the ECB and Hungarian politics dominated European news on Tuesday.

Darkness and Light

12/20/2011

Lessons from the markedly different lives of Kim Jong Il and Vaclav Havel.

Lowering the Euro Curve

12/09/2011

Measures enacted by the ECB Thursday are far from a cure-all to fix the eurozone’s copious issues—but they do represent incremental steps to add liquidity at a time when it’s perceived to be much needed.

Pearls of Resilience and Wisdom

12/08/2011

Wednesday marked a couple momentous global milestones—each a testament to democracy’s resilience, in starkly different ways.

Fisher Investments: Is the Euro a Relic in the Making?

11/30/2011

A look at why a sudden eurozone splintering could be quite bad. And why it’s quite unlikely.

Taxation and Competitiveness 101

11/17/2011

Tobin Tax rhetoric heated up between Germany and Britain Wednesday—a debate that’s a bit of a head-scratcher, in our view.

Transatlantic Economics Tuesday

11/16/2011

In economic news Tuesday, eurozone GDP grew modestly, US wholesale inflation was tame and US retail sales grew again.

Molto Mario?

11/15/2011

A look at what’s in store for Italy’s new Prime Minister, Mario Monti.

Political Turnover Thursday

11/11/2011

New governments in Italy and Greece are a step in the right direction to help fix their fiscal houses.

Midweek Mash-up

11/09/2011

Euro politics dominated headlines again Tuesday, but eurozone musical chairs wasn’t the only story. Here’s a look at what news caught our eye.

Mediterranean Musical Chairs

11/08/2011

The latest on Greece and Italy.

24 Hours in the Eurozone

11/04/2011

It’s been a busy 24 hours for the eurozone. Expect the debate to continue in the coming days, but for Greece, the choices are few.

Greek Curve-Ball

11/01/2011

Greece continues the tradition of political grandstanding over eurozone bailout plans.

When News Isn’t Really New

10/26/2011

A look around the web at some of Tuesday’s not-so-new news.

From the Eurozone Department

10/20/2011

Wednesday brought more eurozone news—some new, some not-so new, but none terribly surprising.

No Chinese Hard Landing

10/19/2011

China’s Q3 GDP growth at 9.1% seems a normal deceleration and an intentional set-up for reacceleration in 2012.

Don’t Bank on the Big Bang

10/18/2011

Germany tempered the world’s expectations for an overnight eurozone fix, keeping with the gradual approach we’ve seen thus far.

Slovakia and Beyond

10/13/2011

A look around the eurozone at some recent news—both commonly reported and much less heard.

Planfully Planning a Plan

10/11/2011

Nicolas Sarkozy and Angela Merkel have a plan to keep the eurozone intact, but they won’t share it until month’s end. 

Easing On Down the Eurozone Road

09/30/2011

Although much remains to be done, the eurozone made incremental improvements to its various debt woes Thursday.

Trifling With Transaction Taxes

09/29/2011

European officials announced a proposal Wednesday that would implement an EU-wide financial transaction tax. While ill-advised in our view, if implemented, it’s an incremental negative markets likely overcome.

What Matters in Greek Chatter?

09/27/2011

We survey the latest Greek headlines and sift between those stories with substance…and those without.

Differentiating Europe’s Periphery

09/26/2011

While peripheral Europe is often referred to collectively, this obscures the fact the issues confronted are different in magnitude, severity, potential resolutions and progress.

Italy and the IMF

09/21/2011

S&P downgraded Italy’s credit rating Monday and the IMF lowered its estimate of global growth Tuesday. But are these changes as negative as they seem?

From Whispers to Murmurs

09/13/2011

Amid heightened rumors of a Greek debt default, a look at Monday’s flurry of Greece-centric headlines.

Market-Moving Myopia

09/08/2011

Markets seemed to cheer Germany’s Wednesday court ruling supporting recent eurozone bailouts—but what does that tell you about stocks’ longer-term outlook?

Politicking and Progress in Europe

08/30/2011

While debate over EFSF changes continues, Greece appears to be making some small headway.

Collateral Combat and More

08/19/2011

Political posturing between eurozone politicians and new derivations of existing debt fears could continue to contribute to market volatility in the short term.

A European Update

08/11/2011

Though the media’s focused on US developments, the bigger news is in Europe. While problems do exist in Europe, fears seemingly exceed reality—much like in the US.

Half Full or Half Empty?

08/03/2011

Debt ceiling dramatics came to a conclusion Tuesday, leaving many frustrated in its wake. Here’s a look around the news at what’s poking that frustration—and largely unnoticed remedies.

The Politics of Fear

07/27/2011

White-hot, fear-based rhetoric is flying around the debt ceiling as politicians try to sell their positions. And, some links.

Fisher Investments Outlook: The Plot Thinnens?

07/12/2011

The plot surrounding eurozone debt issues continues to unfold—but are things becoming more complex or less?

Catching Wild Pitchers

07/07/2011

Moody’s downgraded Portugal Tuesday—but that’s not a huge surprise. Overall, Europe’s indicated they have the means and the desire to backstop struggling eurozone countries.

French History Lessons

06/28/2011

France announced a plan Monday to help Greece avert a total debt disaster—a pleasant departure from France’s historical record.

PIIGS Political Posturing

06/21/2011

Negotiations over Greece’s bailout took three steps forward on Friday —but two steps back on Monday.

Kicking the Greek Debt Can

06/17/2011

The IMF gave the Greek drama a breather on Thursday, reducing the immediate need for a bailout and austerity measures for the time being.

OPEC’s Oil Undulations

06/09/2011

OPEC left oil production quotas unchanged Wednesday, but the impact on markets is likely minimal and short term in nature.

One Lord to Rule Them All

06/07/2011

It seems no one is happy about the pace of anyone else’s financial regulation—the EU thinks the US is too slow and vice versa.

Yogic Wisdom on the Euro

06/03/2011

Disbanding the euro isn’t a magic solution to Europe’s debt woes.

Rumors and Bailouts

05/10/2011

S&P once again downgraded Greece’s rating—but EU officials are likely to continue to provide financial support as necessary to avoid a collapse of the euro currency.

And Then There Were Three

05/04/2011

Portugal announced preliminary details of its bailout package Wednesday. But are bailouts really the heart of the matter?

Eurozone Power Plays

04/05/2011

Recent local elections suggest gridlock is taking hold in Europe.

Nuclear No Go?

03/25/2011

Global stocks have largely shrugged off short-term declines in the aftermath of Japan’s earthquake and tsunami. However, political debate on the future of nuclear energy rages on.

EFSF Still TBD

03/18/2011

Lost amid the headlines, eurozone officials made positive strides in overhauling bailout fund terms—but there’s still plenty of work to do.

Oil’s Ominous Overhang?

02/24/2011

As oil prices rise, many speculate about the future using comparisons to recent history. But it's important to keep historical comparisons in perspective when making forward-looking decisions.

Unrest at Oil's Door

02/23/2011

Unrest in Libya could have a material impact on global energy supplies and prices.

Egyptian Flip-Flop

02/11/2011

Unrest in Egypt continues, but don't overestimate its potential to impact global markets.

Vaguely Inconclusive

02/08/2011

The EU held an economic summit last week—but concrete results were lacking, with dissent across the board.

Distribution or Inflation?

02/04/2011

Sharp food price swings are stoking inflation in some countries, but monetary policy likely isn't the answer.

Egyptian Unrest

02/01/2011

Tensions in Egypt escalated over the weekend as riots continued—but global economic fundamentals remain strong.

SOTU: An Acronym Promising Fewer Acronyms

01/27/2011

The President dropped a tempting teaser in his State of the Union address Tuesday night when he discussed deregulation. We've got some ideas of where to start.

Iberian-Induced Anxiety

01/14/2011
Despite successful auctions by Portugal and Europe's periphery, sovereign debt fears remain. However, the worst-case scenario—a disorderly EMU breakup—remains unlikely in 2011.

Cutting the Cord

12/29/2010
China cut rare earth export quotas again, but the reduction does not appear particularly spiteful.

Creativity Counts

12/17/2010
Protectionist measures endanger prosperity—and are often based on misleading official data. 

Briefly Bellicose

11/24/2010
Geopolitical tensions on the Korean peninsula knocked stocks Tuesday.

Protectionist Hot Air

10/08/2010
This year's wave of free trade agreements shows cooperation among nations is increasing, despite recent protectionist headlines. 

Basel-ed on Rumors

09/09/2010
Rumors are flying over the details of "Basel III” international banking standards ahead of Sunday's big reveal.

Hungary for News

06/07/2010
Global stocks shed mid-week gains on Friday, tied to one story that was positive but not positive enough, and gamesmanship from a new Hungarian politician.

London Fog

10/26/2009
British GDP declined for the sixth straight quarter, fueling fears the UK may recover slower than most countries.

No Surprise Here

04/14/2009
Markets are discounters of known information, so they can be jolted by surprises.

Redundant Rhetoric

03/10/2009
There's little need for pols to further discuss global stimulus—it's already in the works.

The Four Corners

12/30/2008
What should investors be vigilant of now? Look abroad.

Oily Promises

12/18/2008
Despite OPEC's pledge to cut oil production, some analysts are still predicting depressed oil prices for 2009. But such predictions typically don't hold water in the long run.

All Together Now

11/18/2008
The leaders of the Group of 20 are hoping to prevent future financial crises.

The Silliest Season

09/03/2008
For the second time in less than a year, Japan's getting a new prime minister.

Georgia on Our Minds

08/14/2008
As tensions escalate in Georgia, the question is, beyond the human costs, should folks be concerned?

You Can’t Fathom the Froot Loops

08/11/2008
Geopolitical events are scary but completely unpredictable. You can't plan a portfolio around them, and history shows you wouldn't want to anyway.

A Midsummer Night’s Dream

07/08/2008
The annual Group of Eight summit will likely amount to little more than illusions.

Trade Liberalization Grudge Match, 2008

07/02/2008
A showdown between Nicolas Sarkozy and Europe's trade commissioner threatens to turn world trade talks upside down.

The “Stabilitator” – Rise of the Knee-Jerks

06/20/2008
The British government wants the BOE to be the "stabilizer” for the British financial system. Alas, the plan is merely another political knee-jerk reaction.

Orwell’s Words Proved Wise?

06/13/2008
Uncertainty abounds as Irish voters head to the polls to decide the fate of the EU's Lisbon Treaty.

Socialist Serenade

04/14/2008
From Venezuela to Northern Rock, nationalization is rearing its ugly head, though history teaches us it almost always ends badly.

A Government Sponsored Bank Run?

11/09/2007
In a bizarre twist of irony, the British government exacerbated credit problems by blocking a merger between banks earlier this year. The episode underscores both the perils of government intervention and the gross misunderstanding of today's so-called "credit crunch.”

China's Fabulous Moolah

11/05/2007
China's historic bull market run-up probably has further to climb, but investors should use extreme caution before making a foray into Chinese equities.

Is the LDP DOA?

07/30/2007
Japan's ruling Liberal Democratic Party suffered a stunning defeat in the upper house election on Sunday, giving up control in the chamber to the opposition Democratic Party of Japan. What does it mean for global stocks?

Pricing Armed Conflict

07/11/2007
International military conflicts and terrorism can sometimes have a big impact on stocks. But probably not exactly in the way you'd think.

Abe on the Outs?

06/25/2007
Political turmoil returns to the world's second largest economy.

Bizzaro Economic Policy

05/24/2007
One of Superman's arch-enemies is Bizzaro.

A Yawner in Essen

02/13/2007
The recent Group of Seven (G7) meeting in Essen, Germany was ho-hum.

Baht Were They Thinking!?

12/19/2006
Since the coup earlier this year (see our past commentary: "Could a Thai Coup Overthrow the Markets?"), Thailand's new military-installed government has made a major economic policy gaffe.

Emerging Market Contagion?

09/27/2006
If you read the newspaper in the past several weeks, you would think emerging economies were on the brink of imploding: a coup in Thailand, an assassination of a central banker in Russia, a budget fiasco and rioting in Hungary and a political maverick in Mexico declaring his own government after losing an election fair and square.

It's Not a Law Just Because it Passes

09/26/2006
Protectionism is lurking and ready to rear its ugly head again.

Could a Thai Coup Overthrow the Markets?

09/20/2006
A story hit the wires around midday that Thailand's Prime Minister Thaksin Shinawatra has declared a state of emergency in response to a military coup.

Subscribe

Get a weekly roundup of our market insights.Sign up for the MarketMinder email newsletter. Learn more.