BWC Advisory Council Member Joyce Chang joined Bloomberg Surveillance to discuss rising geopolitical tensions and their impact on global markets. She points out a sense of cognitive dissonance: high geopolitical risk coexisting alongside bullish market sentiment. She notes, “The speed and magnitude of the relief rally since the ceasefire suggest that risk appetite remains strong and easy financial conditions are still a dominant force.”

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.