Will New Dynamics For Brexit Britain End in Tears?
Brexit, rising populism across Europe, the ascent of Donald Trump in America, and the backlash against income inequality everywhere. A slew of political and economic forces have nurtured a growing narrative that globalization is now on life support—a potential game-changer for global financial markets, which have staged a rapid expansion since the end of the Cold War thanks to unfettered cross-border flows. No more: Trade volumes have stalled while the “politics of rage” has taken root in advanced economies, driven by a collapse in the perceived legitimacy of political and economic institutions, a new report from Barclays Plc warns. Saxo Bank CIO Steen Jakobsen discusses with Guy Johnson in London and Caroline Hyde in Berlin on "Bloomberg Markets: European Open."
Most Recent Videos
May's Speech Must Unblock Brexit Log Jam, Says Fraser
09:00 - Simon Fraser, deputy chairman at Chatham House Enterprises and former U.K. common and foreign wealth office permanent under-secretary, discusses what U.K. Prime Minister Theresa May must accomplish when she delivers a Brexit speech in Florence, Italy on Friday. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)