Does populism pose a risk to markets in 2019? Yes! but not from the expected quarter. 2019 brought a surprise on the European front. The support for traditional parties has been plummeting for a long time. We call this the European souffle where support for the centre ground continues to cave over time. Populist parties gained 20% or more of the vote in many national elections this year, thought there were signs of their vote stabilising in the most recent polls.
Tags: Populism
Unlike most geopolitical phenomena, populism is not a high-impact low-probability event. It is hard to run your life (or portfolio)…
Globalisation was not a perfect process. While it hefted living standards emerging markets, the trade-off was a stagnation of incomes…
Democracy is under attack. This calls into question the global leadership of the world’s most significant rich economies. From within…
Our book Democrisis, foretold the atomisation of politics in the post-cold war period and the coming technological impact of the…
