Markets Are Paying Little Attention to Geopolitical Risks Says Hermes' Murray

The transcript discusses market complacency regarding geopolitical risks, with Larry Fink highlighting underestimation of these risks. It examines the potential impact of trade wars on global GDP, noting a possible 2-3% reduction over a few years. The discussion shifts to the US's strong growth compared to a slowing global economy, particularly in China and Europe. Finally, the transcript evaluates the market impact of the recent Putin-Trump meeting, concluding that it is unlikely to have significant long-term effects.

What is the main concern raised by Larry Fink and the IMF regarding the markets?

• Underestimation of environmental issues

• Excessive focus on technological advancements

• Complacency towards geopolitical risks

• Overestimation of geopolitical risks

What is the estimated reduction in global GDP due to trade wars?

• 1-2%

• 2-3%

• 3-4%

• 4-5%

Which regions are experiencing a divergence in economic growth compared to the US?

• Middle East and North America

• Australia and Antarctica

• Europe and Asia

• Africa and South America

What was the general market reaction to the Trump-Putin meeting in Helsinki?

• No real market impact

• Moderate market impact

• Complete market upheaval

• Significant market impact

What is the current state of global economic growth compared to 2017?

• Accelerated global growth

• Stagnant global growth

• Divergent global growth

• Synchronized global growth