Erik Nielsen's Reasons to Worry About European Politics

The transcript discusses the concerns of clients in Europe regarding elections, comparing them to the US presidential elections. It highlights the challenges in pricing risk and the potential market impacts. The discussion also covers the probability of Le Pen's victory and its consequences, suggesting that current market risks may be overpriced, presenting potential buying opportunities post-election.

How does the speaker view the relationship between risk pricing and political events?

What potential outcomes does the speaker foresee for France's elections?