- The Washington Times - Tuesday, October 13, 2015

She’s having enough trouble trying to calm nervous Democrats about the state of her 2016 presidential bid, but now front-runner Hillary Rodham Clinton has another constituency that needs reassurance — Asian financial markets.

The Japanese business news site Nikkei Asian Review reported Tuesday that Mrs. Clinton’s recent decision to oppose the regional Trans-Pacific Partnership trade deal is fueling fears that a potential President Clinton would be bad for trade, stock values and retirement portfolios.

“As if economic uncertainty in China, gyrating oil prices and perennial conflict in the Middle East were not enough, U.S. and global financial markets have something new to fret over. Call it ‘Hillary risk,” Nikkei senior writer Yoichi Takita wrote.

The TPP announcement, which came despite Mrs. Clinton’s repeated statements in support of the deal when she was secretary of state, arrives in the wake of Mrs. Clinton’s proposals to raise capital gains taxes to discourage “quarterly capitalism” and a second tax increase to discourage high-frequency trading strategies. Facing a strong challenge from Vermont independent and self avowed socialist Sen. Bernard Sanders on her left and with Vice President Joseph R. Biden considering entering the race, Mrs. Clinton has tacked left by opposing the Keystone XL pipeline and attacking “price-gouging” by drug manufacturers.

“The would-be president has certainly made her presence felt in the financial markets,” the Nikkei analysis noted. “U.S. stocks topped out and entered a correction phase around the time she proposed the tax hikes. Her broadside against drug price increases sent biotech stocks plunging.”

And her willingness to “flip-flop” on pro-business policies such as the TPP could spell trouble ahead.

SEE ALSO: 21 most consequential Clinton scandals, ranked from most important

“Markets should brace for trouble as the left gains strength in the Democratic Party,” the Nikkei piece warns.

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