, Columnist
With Friends Like These, Do Markets Need Enemies?
Elizabeth Warren, Jeremy Corbyn and Germany’s Greens may be their ironic savior.
Unlikely saviors.
Photographer: Sean Gallup/Getty Images
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One trend common across the world seems to be that the markets’ best chances of getting what they want comes from parties and politicians normally regarded as market-unfriendly. In the U.K., the Conservatives, usually the markets’ friend, are also the party of Brexit. In the U.S. the strongest opposition to the erratic Donald Trump is coming from populist left-wingers. And in Germany, under pressure to reverse course and adopt an expansive fiscal policy, the best chance of that involves getting the Greens in power.