Source's Jackson: Shifting political sands

Paul Jackson, head of research at Source, looks at how the changing political landscape has helped Europe - while hurting the UK, US and Brazil.

2017 started with optimism about the possibilities for Donald Trump's America and with trepidation about the political risks in Europe. Recent evidence suggests the problems are more present on the other side of the Atlantic, while nerves seem to have been calmed in Europe. Trump's presidency moves from one crisis to another, and over recent weeks this has started to undermine financial markets. The heady atmosphere at the start of the year, when all seemed possible, is long distant. At the time, we were concerned about the risks and wrote an open letter to him suggesting history m...