Sterne: Populism May Not Deliver Fiscal Policy in 2017

The video discusses the global fiscal prospects from the standpoint of populism, focusing on the impact of populist movements on fiscal policy. It highlights how Trump's presidency surprised markets with both negative and positive aspects of populism. The discussion extends to Europe, where populism has not significantly influenced fiscal policy. Predictions for 2017 suggest continued focus on Trump and Brexit, with potential global economic impacts. The video concludes by analyzing Trump's economic policies, comparing them to Reaganomics, and considering the roles of the US and China in global fiscal dynamics.

What is one of the positive aspects of populism mentioned in the discussion?

• Pressure on fiscal policy

• Increased focus on environmental policies

• Reduction in global trade

• Strengthening of authoritarian regimes

Which European country is noted for having little populist sentiment towards stronger fiscal policy?

• France

• Italy

• Germany

• Spain

What has been the focus of populist parties like Five Star and Le Pen in Europe?

• Social welfare programs

• Environmental reforms

• Other non-fiscal issues

• Expansionary fiscal policy

What could be a potential consequence of Trump's policies on global trade?

• Reduction in fiscal imbalances

• Increase in global cooperation

• Endangerment of free trade globally

• Strengthening of free trade agreements

How is China described in terms of its role in the global economy?

• A fiscal engine of the world

• A fiscal shock absorber

• A leader in environmental policy

• A promoter of free trade