Why is there always so much contention around the G8 summit?

ChaosNantuko answered one year ago …

Its not a bad thing, but it does introduce volatility into the markets because there is a chance they will announce something unexpected, and these unexpected announcements can alter the fundamentals of different sectors of the market. For example, if they announced some form of solution for the credit crisis (unlikely, but hypothetically here), it could end up being very good for the banks, or it could involve some radical action or new regulation that is bad for the banks. The market dislikes uncertainty, and the G8 summit creates uncertainty. I don't think the summit is a bad idea, but its hard to know how the market will react during and after the summit.