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Guy Bruten: So, what's the bottom line here for 2020 in terms of some of these populism risks?
Darren Williams: Well, some resolution to things like Brexit may help, just as some resolution to the trade tensions between China and the US might help. But in our view, these are linked to much deeper, longer-running populist trends which aren't going to go away anytime soon.
There are really two themes to the UK election. One is about Brexit and the other one is about increased fiscal spending to address