The full impact of the Taliban takeover of Afghanistan is still unfolding – but a piece of analysis from Investment Metrics looks at how past regime changes impacted equity markets.
Analysts Damian Handzy and James Monroe looked at three major regime changes over 30 years: The collapse of the Soviet Union (August 1991 to January 1992); the Kosovo War (May 1998 to June 1999”; and the Arab Spring (January 2011 to July 2012).
The pair found that defensive stocks, espec...
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