David Zahn: Looking ahead to the next potential political pitfall

Implications of Trump victory

clock • 6 min read

Donald Trump's victory in the US presidential election means markets have now been caught off-guard twice this year by largely unpredicted outcomes in two-horse political races, says David Zahn

Donald Trump's surprise victory in the US presidential election may serve as a warning sign to Europe that populism can happen on a large scale. In Europe, generally speaking, populism has so far been confined to smaller countries but there are already signs of increasing populism country by country across Europe - and that is something European politicians are going to have to deal with. While we are not expecting these populist movements to sweep to power imminently in upcoming elections, the polls do suggest a malaise among many citizens, and that means the so-called European politica...

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