Economy: UK On The Global Stage (Part Two)

As the UK's role as a leading actor on the global stage hangs in the balance, head of Alternative Investments, Simon Burgess continues to explore the state of the UK economy and that of the global backdrop.

Read part one here.

The UK is not the only country to record falling GDP and other economic headwinds; global growth is generally weaker...

In the US, the flattening of the yield curve of US Treasuries has traditionally been regarded as a signal that recession looms. This yield curve represents the spread between two and ten-year US Treasury bonds, which currently remains teetering on a dime by falling in reverse and inverting. Usually, you'd expect yields on longer dated bonds to be higher than shorter ones. The last time this inversion happened was in 2007 and as I write this, they are pretty much "even stevens".