NEW YORK, March 18 ― Political uncertainty creates economic uncertainty, according to Wells Fargo Chief Economist John Silvia.
With European Central Bank President Mario Draghi pushing European Union leaders for clarity on the future of the euro to Brazilian President Dilma Rousseff’s chief of staff Luiz Inacio Lula da Silva being issued an injunction suspending his appointment, there is plenty going on to keep the markets guessing what geopolitical risks lurk around the corner.
Silvia also shares his views on the US presidential election campaign and Asian trade with Bloomberg’s Anna Edwards and Manus Cranny on “Countdown.” ― Bloomberg
