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Geopolitical Risk in 2026 Is Rising and Markets May Be Underpricing It
We are only nine days into 2026, yet the pace and scale of geopolitical developments already suggest a material shift in the global risk landscape. The intensity of recent events points to a form of geopolitical whiplash that has the potential to reshape international relationships, disrupt trade flows, and alter global security dynamics. Despite this, broad financial markets appear unaffected and move into 2026 with the risk bulls in control – but many do raise the question of whether geopolitical risk in 2026 is currently underpriced. Market attention has been dominated by two recent developments, which hold ... (full story)