Change Is In The Air
Populism is spreading like wildfire across the Western world and the economic landscape is shifting beneath our feet. In the U.S., populism took the form of an eccentric billionaire who has made people on both sides of the aisle reexamine the identity of the nation. His economic views are Protectionist and stray far from what the country has pursed since the 1970's.
There is no telling how his policies will play out in the long-run but they will surely present a lot of uncertainty in the short-run. A shift in executive control is often accompanied by a recession shortly after.
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The EU is beginning to fracture under the weight of discontent as well. The U.K. has voted to leave the EU, Merkel's approval rating is plummeting in Germany, Italy's referendum vote has ousted Renzi as Prime Minister, and many other European political… Read More …