The Global Shift to the Right?

After surprising right-wing victories in elections in Argentina and the Netherlands, pundits have noticed there seems to be a growing trend towards nationalism, especially in Europe. While some outlets blame record immigration levels for this change in sentiment, the causes could also be economic. After all, has globalism produced the economic benefits in Europe or South America that its supporters claimed it would? That is a good question. What if it is a combination of the two? After all, when times are already tight at your house and in your country, how does a flood of immigrants help?

In this week’s Trading Perspectives, Sam and John discuss the growth of nationalism in Europe, and to a lesser extent Argentina. Is it cause for concern? Or is it just the national reaction to the mixed results globalism has delivered on the continent?