When Populists Rise, Economies Usually Fall: Extensive research has shown: right- and left-wing populists both lead to lower stock returns and higher inflation. Here's why -- and what businesses can do.

The article explores the effects of both right- and left-wing populists on economies and businesses. It argues that populist leaders, regardless of their political leaning, tend to have negative impacts on economic conditions, including lower stock returns and higher inflation. Populist leaders often implement business-friendly policies initially, but these can lead to long-term economic deterioration. They may also resort to measures associated with left-wing populists when faced with economic challenges. Populist leaders concentrate power, increase corruption, and undermine the rule of law, which is detrimental to businesses. The article suggests that businesses should be cautious, engage in scenario planning, and actively engage in politics to mitigate risks. [Extracted from the article]