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.

In what ways could Trump's policies impact global trade according to the discussion?

What are the roles of the United States and China in the context of global fiscal dynamics?