The Odd Thing About Populism 18th December, 2019 10:12 am
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.
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