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The views expressed in The Citadel Conversation reflect those of the individuals being interviewed. These perspectives are neither endorsed by Citadel nor reflect our view on investments.
In a world where politics and markets increasingly intersect, smart investors look beyond today’s economic data to analyze future market conditions. Nowhere are these issues more pressing than in Europe. To provide a snapshot of Europe’s current geopolitical and economic climate, we spoke to Ian Bremmer, President of Eurasia Group, and Ron Wexler of Citadel’s Global Equities group.
What is the biggest concern for the investor looking at Europe?
Ian: Globally the world is becoming more equal, but within Europe life is becoming more unequal. The national identity in Europe is not "you can make it." There is no European dream like there is an American dream. Instead, it is, "the government provides for all of these people, you will have a good life." That model is failing. Clearly, that is the biggest issue.
For the last several years I have been more optimistic than most about Europe. I understood the economics were bad, but I believed the politics would not allow the Eurozone to implode. This year, we don’t have to worry about the Eurozone, but we certainly have to worry about geopolitics.
What are your specific geopolitical concerns?
Ian: The geopolitics of the world are making Europe much more fragile. The transatlantic ...................... To view our full article Click here
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