【CNBC】Markets underestimate geopolitical risk as raft of elections looms, ECB’s De Guindos says

• “Markets sometimes are underestimating the potential impact of geopolitical risks that are there,” European Central Bank Vice-President Luis de Guindos told CNBC.
• Stock markets soared to record highs this year despite half the world heading for elections this year and ongoing wars in the Middle East and Ukraine.
• “What we are saying is that this is a potential vulnerability. That is a risk that we have to take into consideration when looking forward,” De Guindos said.

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