Economic Indicators 

Fed's low confidence signals recession

Fed's low confidence signals recession

When Jeremy Corbyn became leader of the Labour party, nobody was describing him as a moderate, least of all investment bankers. Yet this was the adjective used by speakers at Societe Generale’s annual global strategy conference, to describe Labour’s fiscal plans in comparison with what may be needed in the next global recession. Regardless of whether Mr Corbyn can force a general election, on the back of Teresa May’s failure to get her Brexit deal through Parliament this week, the dial is moving and tools governments use to address secular stagnation in global economies will have serious consequences for investors.  

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