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By Erik Knutzen, Chief Investment Officer - Multi-Asset Class
Our geopolitical risk focus turns to Europe - and trade conflict with the U.S. looms largest.
When I talk with clients I get asked a lot about the key political or geopolitical risks that asset allocators should look out for. My answer is that most of what gets into the headlines is interesting but irrelevant - it won't affect an economy's growth outlook or change the prospect for inflation.
Occasionally a geopolitical issue rises to the level of a true threat to markets. For much of