Rise of Donald Trump
We thought based on your interests that you would find this article to be interesting before we got into the meat of the topic at hand.
Before we get into the outlook lets look at what we have said over the past few months: In Jan 2019 we made the following comments
The best strategy under such conditions is to use sharp pullbacks to open positions in strong companies; the stronger the pullback, the better the opportunity. We can already see signs that 2018 should be a good year for the markets. Individuals waiting for the ideal entry points will be left behind. They will look back at today’s entry points and wish they had bought, just as they did back in 2009, 2015, 2018 and now in 2020. The crowd never learns, they say they want to try something new, but when push comes to shove, they bend over and fall for the same old play. Dow Stock Market Outlook: Time To Dance or Collapse
There have been many attempts to explain the rise of Donald Trump, focusing on economic frustration, racial resentment or a combination of the two. Now, as we transition from the primary season into the general election, there’s the added question of what his political legacy will be, both to the GOP and the nation in general. Will his nativist and anti-immigrant brand of populism become a historical footnote, or will it find a root in our two-party system?
Although there are many differences between political systems in Europe and those in the U.S., the rise of far-right parties in Europe provides perspective on the issues that drive nativism and its political staying power. Europe’s far-right parties often focus on restoring a national culture that predates the influence of immigrants (and sometimes of global multinational corporations); the preservation of jobs for native-born citizens who are part of majority cultures; and, at their most extreme, embrace notions of racial superiority and even neo-Nazism.
What Can Europe’s Far Right Tell Us About Trump’s Rise?
Different versions of the same broad issues are affecting politics both in the U.S. and in Europe, namely dissatisfaction with the economy and demographic change via immigration. The migrant crisis has been one prompt for the rise in nativist sentiment in Europe, with 1.3 million people from nations including Syria applying for asylum in the European Union in 2015 alone. Far-right parties — and even some more moderate politicians — criticize the resettlement of refugees as changing national character and Full Story
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