Bonham Carter: Politics, the uninvited guest claiming its place at the top table

'Investor reaction seems measured rather than panicky'

Politics developed a nasty habit of gatecrashing the markets in 2016, writes Edward Bonham Carter, vice chairman of Jupiter Asset Management.

The UK's decision to leave the European Union (EU) and Donald Trump's victory in the US Presidential Election were, for some, like opening the door to an uninvited and unwelcome guest at a party that was going just fine without them. Expect more of the same in 2017. While the first 100 days of Donald Trump's presidency will be closely scrutinised for policy initiatives, Europe is likely to move centre stage next year with national elections in France, Germany and the Netherlands. The outcome of these votes may seal the victory of anti-establishment, anti-globalisation forces that h...