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Market Intelligence—12.12.23

12/12/2023

Macroeconomics

Over the past two weeks, politics rather than the financial markets has once again taken centre stage.

With the war between Russia and the Ukraine currently in a stalemate and the prospect of a trench war over the winter, events in the Middle East remain dominant in the public eye. Of course, the suffering of people affected by the war is always terrible, but the potential impact of the conflict in the Middle East on the world as a whole is, possibly, more significant. On the one hand, this is because the world is polarising and large groups are positioned on one side or the other.

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