# Explaining the disconnect between geopolitics and markets

Page: https://stenobird.com/podcast/making-sense-491900/explaining-the-disconnect-between-geopolitics-and-markets
Text version: https://stenobird.com/podcast/making-sense-491900/explaining-the-disconnect-between-geopolitics-and-markets.md
Podcast: [Making Sense](https://stenobird.com/podcast/making-sense-491900)
Published: 2026-04-27T13:50:21+00:00
Episode link: https://marketmatters.podbean.com/e/explaining-the-disconnect-between-geopolitics-and-markets/
Audio file: https://mcdn.podbean.com/mf/web/7nkfubbs2u98zssv/JPM_MS_IMF_Spring_Meetings_V2_CH6cvds.mp3
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JSON: https://stenobird.com/v1/public/podcasts/making-sense-491900/episodes/explaining-the-disconnect-between-geopolitics-and-markets
Duration seconds: 1731

## Resource

From geopolitical tensions and energy disruptions to the latest tariff developments, uncertainty was a recurring motif at the IMF–World Bank Spring Meetings 2026. Yet, bullish market sentiment still prevails. What's causing this disconnect? Join Joyce Chang, chair of Global Research, and Derek Chollet, head of the JPMorganChase Center for Geopolitics, as they explore why markets have remained largely resilient despite the uncertain macro backdrop. This episode was recorded on April 21, 2026. The views or opinions expressed herein are solely those of the JPMorganChase Center for Geopolitics and may differ from the views and opinions expressed by J.P. Morgan Securities LLC Research Department or other departments or divisions of JPMorgan Chase & Co. or its affiliates. Information has been obtained from sources believed to be reliable, but JPMorganChase does not warrant its completeness or accuracy. Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. The opinions herein should not be construed as an individual recommendation for any particular client and is not intended as advice or recommendations of particular securities, financial instruments, or strategies for a particular client. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such. This communication is provided for information purposes only. Please visit www.jpmm.com/research/disclosures for important disclosures. JPMorgan Chase & Co. or its affiliates and/or subsidiaries (collectively, J.P. Morgan) normally make a market and trade…

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## Transcript

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