The Globe and Mail reports in its Wednesday edition that a consequence of President Donald Trump's global economic upheaval seems to be greater "home bias" in investing. A Reuters dispatch to The Globe quotes BlackRock boss Larry Fink talking about a "second draft of globalization." The new middle ground can still enjoy open markets, Mr. Fink reckons, but they will likely be steered, prodded and tempted home to ensure household savings first benefit the country of those doing the saving. "People will fuel their country's economic growth and own a piece of it," Mr. Fink argued in an op-ed in the Financial Times. For Mr. Fink, this "re-globalization" aims "not just to generate prosperity but to aim it towards the people and places left behind the first time." Mr. Trump's attempted reindustrialization of America is a version of this. Using trade barriers, bilateralism, carrots and sticks, he seeks to kick-start U.S. manufacturing. The political pitch is to create more well-paid factory jobs instead of superwealthy asset owners. Easier said than done. But whatever one thinks about Mr. Trump's "America First" strategy, that formula seems to be working best overseas, as seen in Germany's dramatic fiscal reboot this year.