Hi Mish! Been passively reading your blog for a while. Curious on your thoughts on how Kurz's election will play on global trade. Same thing on how NAFTA is playing out.

Austria election does not impact global trade. What Trump does with NAFTA could. However, Austria election is a shape of things to come: People are fed up with "More Europe". Czech election this week is highly likely to say the same thing. I am going to do a post about the meaning of the Austria election.