What Populism Means for the Stock Market
In recent months, populist sentiment has sprung a few surprises, including the election of President Donald Trump and Britain’s vote to leave the European Union.
Although some populist policies may prove economically sound, those producing trade wars could be a threat.
The current mood among populists in the U.S and Europe can be traced back to the global financial crisis and the desire to punish the banks, says George Maris, portfolio manager with Janus Capital Group. The sentiment is that the economic and political system has failed people.