Markets react before the story is clear.
Venezuela’s stock market is up over 100% since President Maduro was captured by the U.S.
In the last 10 trading days, the index has risen 207%.
There hasn’t been a single red day since December 22.
This move appears less about growth and more about currency devaluation.
When money loses value, asset prices often rise in local terms.
The market is adjusting to what may come next.
