The Trump and Brexit Challenges Facing Europe
After success in Britain and the U.S., populists are setting their sights on the next five dominoes at risk. Votes are looming within less than a year in Italy, Austria, the Netherlands, France and then Germany. Exasperation with the political and business establishment over a raft of grievances from inequality to immigration will likely shape all of these votes, with the outcome increasingly hard to predict. The populist surge first broke through the establishment barrier in Britain. Below is a timeline of its past triumphs, and the challenges of the coming 10 months. BNP Paribas Macro Strategist Michael Sneyd discusses market reaction with Anna Edwards and Yousef Gamal El-Din on "Bloomberg Daybreak: Europe."