Research shows a link between spending cuts and populist success. Indeed, in Britain, France and Germany such parties are already ascendant. Call it the deficit-populism doom loop https://t.co/Kju8ObcJHS ...

Geopolitics & International Relations - A potential meeting between President Trump and Vladimir Putin in Alaska is being discussed, with Russia reportedly celebrating the meeting as a major win for Putin [1][7] - The absence of the President of Ukraine, Zelensky, from the meeting raises concerns about the dialogue's preconditions and potential implications for Ukraine [7][11] - The discussion touches upon the possibility of Crimea becoming officially part of Russia as a potential condition for ending the war, highlighting Ukraine's limited influence in the matter [12] US Domestic Politics & Executive Power - The discussion revolves around the excessive use of executive power by the president, with concerns raised about the long-term implications and the difficulty of rolling back these actions [21] - There's a debate on whether the current administration's use of executive power is more pronounced compared to previous administrations [24] - The populist wing's growing influence in both the Democrat and Republican parties is reshaping the political landscape, potentially marginalizing conservative and moderate voices [19][20] Economic Policy & Trade - The conversation addresses state-sponsored capitalism and industrial policy, including the Defense Department's multi-million dollar investments in rare earth minerals companies [3][17] - Concerns are voiced regarding potential tariff escalations and the need for Congress to reclaim authority over trade matters [15][16] - The president's wide-ranging powers in trade are acknowledged, with the potential for the administration to find alternative ways to implement policies even if challenged in the Supreme Court [26][27]

It is not clear that the European University Institute, an establishment anchored in the liberal tradition of the EU, can accommodate ideas rooted in Eurosceptic nationalism. Yet the populists are now an inescapable force in the continent’s politics https://t.co/i94SLqLqEW ...

RT Bannon’s WarRoom (@Bannons_WarRoom)MIKE BENZ On How The CIA Works Through National Endowment For Democracy: “They Face This Unofficial Second Cold War In The Form Of Populism.” https://t.co/EKKe2LqYmY ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the banking sector, particularly in Europe and Japan, with a long-standing overweight position on banks globally [2][15]. Core Insights and Arguments 1. **Macro Environment**: - Rising populism is leading to fiscal imprudence, necessitating a fiscal tightening of approximately 3% of GDP in the US to stabilize government debt [3][18]. - Banks benefit from rising bond yields and a steepening yield curve, performing well when currencies like the Euro and Yen appreciate [3][31]. - Private sector loan growth is increasing, particularly in Europe, with corporate lending in France and Italy showing signs of recovery [3][42]. 2. **Valuation**: - Banks in Europe and the US are trading at about a 10% P/E discount to their historical norms, with European banks' cost of equity at 11.6% compared to 8.8% in the US [4][65]. - A significant EPS downgrade of 10-14% is being discounted, which would require a sharp slowdown in growth [4][71]. 3. **Structural Improvements**: - Banks are more resilient to recessions due to lower-risk lending practices and improved regulatory frameworks [5][86]. - Non-macro headwinds have diminished, with reduced litigation risks and improved risk controls [5][88]. - Increased consolidation in the banking sector is expected to benefit incumbents [5][92]. 4. **Tactical Considerations**: - The banking sector is not overly crowded, ranking 8th out of 29 sectors globally [6][103]. - Strong earnings revisions are noted, with banks ranking 2nd in Europe and 5th globally in terms of earnings growth [6][105]. 5. **Preferred Banks**: - Specific banks highlighted for investment include BAWAG, ING, Standard Chartered, Barclays, and others [9][11]. Additional Important Insights - The report emphasizes that banks are becoming akin to consumer staples, offering attractive yields and earnings growth amidst market disruptions [5][95]. - The potential for a weaker dollar is seen as beneficial for European and Japanese banks, while it poses challenges for US banks [38][39]. - The macro model used for banks indicates that further rises in the Euro and PMIs should lead to outperformance of European banks [115][116]. This summary encapsulates the key points discussed in the conference call, providing a comprehensive overview of the banking sector's current landscape and future outlook.

The rise of right-wing populism is rocking Japan's political stability, threatening its haven status in global markets. https://t.co/R6derKD0kL ...

Political Stability - The rise of right-wing populism is threatening Japan's political stability [1] Market Impact - The rise of right-wing populism is rocking Japan's haven status in global markets [1]

Welcome to Stocks and Translation, Yahoo Finance's video podcast that cuts through the market mayhem, the noisy numbers, and the hyperbole to give you the information you need to make the right trade for your portfolio. I'm Jared Blickery, your host, and with me is Yahoo Finance's Alli Canal, who's here to keep us honest and from veering off too far into wonk land. And today we're going to be talking about the ghosts of crisis past.From the bailouts of 2008 to today's record$ 37 trillion debt pile, cheap mo ...

The rise of Sanseito, a small right-wing party, is alarming some ahead of Japan's elections, @GearoidReidy writes. But the country lacks the kindling for a populist fire (via @opinion) https://t.co/wWU4eRJF11 ...

Political & Social Impact - Fear of border chaos has fueled the rise of populism [1] - This fear has poisoned the debate about legal migration [1] - A better system would restore order [1]