HH The Truth Behind Poland’s Growth Surge

Several media organizations blasted President Trump last week for his about-face regarding NATO.

During his presidential campaign, Trump called NATO’s military presence “obsolete.”

But last Wednesday, Trump held a press conference with NATO Secretary General Jens Stoltenberg, where he called the organization a “bulwark of international peace and security.”

“I said it was obsolete. It’s no longer obsolete,” said Trump.

The Truth Behind Poland's Growth Surge

Coming from Trump, that essentially amounts to a love letter to NATO.

He even altered his stance on Russia. Amid concerns regarding Russia’s backing of Syrian President Bashar al-Assad, Trump admitted that “we may be at an all-time low in terms of a relationship with Russia.”

The abrupt reversal shows that his stance on foreign policy is beginning to evolve and he’s likely trying to repair ties with EU member nations.

But there’s one European country that needs no encouragement to get on board with Trump’s policies — Poland.

Like Trump, Poland’s conservative ruling party is nationalistic and resistant to the EU. And the country has backed Trump more than any other EU member.

Polish government sources recently told Reuters that the country hopes to host Trump for short visit in July. They believe the meeting with Trump will trigger “a significant development for Poland’s image abroad.”

I asked senior analyst Martin Hutchinson to dig in to see if the situation in Poland warrants any investment attention.

Check out his full analysis below.

Ahead of the tape,

Louis Basenese
Chief Investment Strategist

Poland Rises Amid Stagnant Growth in Europe

Most of Europe is an investment desert.

Productivity growth has averaged well under 1% annually since 2007.

In fact, growth has been exceptionally sluggish for the last decade — driven by three contributing factors…

  • Stifling regulation at the EU level, encouraged by socialist local governments.
  • Deflationary effects of the euro.
  • Uncompetitive wage rates.
1 2 3 4
View single page >> |

Disclosure: None.


How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.