Shifting Political Winds

Political and geopolitical factors have always influenced investments, but their role has shifted from being tailwinds to potential headwinds. The collapse of the Soviet Union and the subsequent dominance of the Washington consensus created a favorable environment for investors from 1980 to 2010. However, as these dynamics erode, particularly in the wake of the pandemic, the investment landscape is evolving, necessitating a deeper understanding of current political realities.