Greece Shows Europe Isnt Out of Woods Yet: Fisher

The video discusses a significant movement in the ASC market, the largest in 27 years, triggered by the government's decision to call early elections. Peter Fisher analyzes the impact of political events on markets, noting that central banks' accommodative conditions have previously muted reactions. However, with potential tightening by the Fed and Bank of England, market reactions may become more pronounced. The discussion highlights Europe's ongoing challenges and the need for a monetary union. Fisher emphasizes the importance of understanding the backdrop of financial conditions and warns of increased volatility as a norm, urging investors to brace for it.

What concerns does Peter Fisher express regarding political instability in Greece and Italy?

How has volatility in the market changed according to the discussion, and what should investors prepare for?