If you were to look only at the stock market and nothing else, you’d probably have no clue that millions of people just lost their jobs, hundreds of global companies are filing bankruptcies and yes, we are still in a global coronavirus pandemic.
Why do the stock markets ignore all the bad news? Are we still heading into a recession? How will this euphoria end up? To understand these questions, you need to realize that geopolitics plays a major role today in the investing world and it will continue to affect your investment returns in the years to come.