Deutsche Bank warning: There will be MORE Trumps and Le Pens – Europe must prepare

Tuesday, September 19, 2017
By Paul Martin

POPULISM will continue to thrive posing a threat to the establishment for the foreseeable future, anaylsts at Deutsche Bank have warned.

By BELINDA ROBINSON
Express.co.uk
Tue, Sep 19, 2017

Anti-establishment politicians like Marine Le Pen and Donald Trump will continue to be popular as they electrify the electorate, a report by the German bank has found.

The march of populist parties led by charismatic leaders in Europe and abroad and movements like Brexit’s “vote Leave” will continue to pose a threat to the establishment, according to Deutsche Bank.

It will mean established parties are set to face a tougher time getting people’s votes, as more people favour leaders who buck the trend.

But Deutsche Bank warned support of fringe politicians could eventually have a destabilising impact on financial markets.

In a report on potential concerns for the global economy, Deutsche Bank said: “While the consequence of the recent rise in populism hasn’t yet destabilised financial markets, the level of uncertainty will surely remain high while such parties remain realistic power brokers in major national elections.”

The global investment bank carried out the analysis while looking for international events that could impact the stock market.

The election of US President Mr Trump over Hillary Clinton stunned the establishment, pollsters, and the electorate in America as he was not expected to win.

But by using a populist narrative of “America First” and taking a tough stance on immigration by promising to build a border wall to block out Mexican immigrants, voters propelled Mr Trump to the White House.

The Rest…HERE

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