Turnill: Trump Victory Amplifies U.S., EU Differences

The transcript discusses the increased economic risks in Europe following the Trump victory, highlighting key elections in France and Germany. It contrasts the economic trends in the US and Europe, noting the lack of growth and flexibility in Europe compared to the US's fiscal expansion. The impact on European bonds, particularly the Italian and German spreads, is analyzed, with a focus on potential outcomes of the Italian referendum. The discussion also covers the rise of populism in Europe, comparing it to Brexit and its implications for EU stability. Finally, the transcript addresses currency risks, particularly the strengthening of the dollar and its effects on Asia and Europe.

In what ways does populism in Europe differ from Trump populism?

What are the expected effects of a stronger dollar on European markets?