Economist Insights – Stimulating conversation
Joshua McCallum, Head of Fixed Income Economics – UBS Asset Management
Somewhat implausibly, Japanese Prime Minister Shinzo Abe used the platform of last week’s G7 meeting to declare that the state of the global economy is as bad as it was in 2009, post-Lehman. None of the key economic indicators support that assertion, so why make such a claim? For Prime Minister Abe,the answer to that question probably lies very close to home, but his preferred solution is unlikely to be met with a resounding chorus of approval further afield
