Anthony Rayner: Can politicians deliver on campaign trail promises?

French election ‘key data point’

clock • 3 min read

Markets only care about a small number of factors at any one point in time, says Anthony Rayner, but both a lack of political clarity and implementation risk can pose a threat

Billions of data-sets exist globally but, from a top-down perspective, there are only a small number of factors that markets really care about at any one point in time. These are the issues that bubble up to dominate the market narrative - for example, the Greek crisis, excess Chinese credit or the Middle East conflict. Sometimes resolutions are found and the problem goes away but, more often, the market simply moves on to a more pressing concern or opportunity. Normally, these issues fall within a small number of categories, including economic, financial, political, social and system...

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