Why are Financial Markets So Bad at Pricing Geopolitical Risk? | Rachel Ziemba




Hidden Forces show

Summary: In this Market Forces segment, Demetri Kofinas speaks with Emerging Markets Analyst Rachel Ziemba. The conversation begins with a look towards North Korea and the geopolitical crisis unfolding there. The conversation then shifts to the falling dollar and the forward volatility of the carry-trade. They end their discussion with energy markets, specifically the chronically low price of oil and its effects on Saudi Arabia, with its dwindling foreign exchange reserves and fragile geopolitical position.