While all eyes in the U.S. are on the new administration and the anticipated shifts over the coming year in fiscal policy, the real action for capital markets in the coming year may come from abroad. The world is not without its risks and instabilities as 2017 gets underway. Here are five global hot spots that will be worth watching for potential sources of volatility in the months ahead.
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United Kingdom
Remember the Brexit vote from late June 2016? It seems like such a long time ago now with all that has taken place in the months since. And while the outcome of the vote was largely dismissed by a wide swath investors given its minimal impact on financial markets at the time, the reality remains that nothing associated with Brexit other than a vote and a subsequent change in leadership in the United Kingdom has actually…