The events in Catalonia are a new disruptive political element on the capital markets. The basic question is whether the generally favourable environment for risky assets is sustainable.
![Disruption from Catalonia Disruption from Catalonia](https://blog.en.erste-am.com/wp-content/uploads/2017/10/20171012_FotozuBlog_KatalonienReferendum_WINZER-370x210.jpg)
The events in Catalonia are a new disruptive political element on the capital markets. The basic question is whether the generally favourable environment for risky assets is sustainable.