In some methods, political uncertainty – no less than as measured by textual content – is not as dangerous as I’d have thought. Right here is the Baker-Bloom-Davis index:
Determine 1: UK financial coverage uncertainty (blue) and centered 7-day shifting common (crimson). ECRI has shaded recession dates. Supply: politicsuncertainty.comECRI and creator’s calculations.
The 9/27 worth of 732 is way decrease than the Brexit referendum worth of 2661. Then again… tomorrow is one other day!