Allianz Sees a Lot of Uninvestable Noise in Politics

The transcript discusses the investability of political situations in France and the impact of Brexit on trade. It covers strategies for protecting investment portfolios amid political risks, particularly in Europe. The conversation shifts to US tax reform, highlighting Steve Mnuchin's confidence and market reactions. The need for infrastructure and deregulation in the US is also discussed, along with the potential for market corrections and the influence of interest rates on stock valuations.

What is the main reason for the current uncertainty in investments related to France?

• Stable political environment

• Strong economic growth

• High inflation rates

• Lack of concrete facts

What is Steve Mnuchin's stance on U.S. tax reform?

• He is unsure about its success

• He believes it will fail without healthcare reform

• He is confident it can pass even if healthcare reform fails

• He thinks it is unnecessary

Why did the market react positively to the tax reform discussions?

• Because it was already implemented

• Due to the timing and focus on investor interests

• Because of the potential for immediate implementation

• Due to a decrease in interest rates

What is the market's expectation regarding infrastructure spending?

• It is expected to decrease

• It is seen as a long-term prospect

• It is expected to happen immediately

• It is not considered important

Why are non-U.S. stocks preferred according to the discussion?

• Because of political stability

• Due to higher growth rates

• Because of better valuation grounds

• Due to lower risk