Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

An economist’s explanation of Donald Trump’s rise: Steen Jakobsen's view

Saxo Capital Markets Australia

Multi-asset trading platform

How do we explain Donald Trump’s rise, the risk of a Brexit, the fact that Marie Le Pen stands a good chance of becoming France's next president, and the general situation of a political world in which all incumbents appear ready to be knocked off their stools? Simple, Dr. Watson! It is the social contract, which is not only being broken but is also being tossed out! Meanwhile, the political elites are losing their hair trying to analyse why someone like Trump, a four-times bankrupt, immoral, profane, self-promoter of a candidate can win the GOP election... The point is that this has nothing to do with Trump’s policies (or lack thereof) but has everything to do with the fact that he is anti-establishment. We need not fear that the US is turning towards Trump's policies, but the political elite needs to recognise that voters are turning away from the “social contract” and its elitist political judgments. To read continue reading this analysis click the following link: (VIEW LINK)


Saxo Capital Markets Australia
Saxo Capital Markets Australia
Contributor
Multi-asset trading platform

Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.