Macklow-Smith: Political Risk Is Front and Center

The video discusses the political risks that emerged in 2016, such as Brexit and the US election, and their impact on market reactions. It explores market psychology and predictions for 2017, including the potential effects of a Trump presidency and the rise of populism. The global economic outlook is analyzed, highlighting synchronized growth and the influence of oil prices. Finally, the video examines central banks' monetary policies, focusing on the Fed's tightening and the ECB's stance on QE.

What were the unforeseen political risks that emerged in 2016 according to the text?

How did the market react to the outcomes of the UK referendum and the US election?

What is the speaker's perspective on the likelihood of populism rising in Europe?

What factors contributed to the recovery in global growth as mentioned in the text?

What are the implications of the Fed's tightening policy in relation to other major central banks?