State Street Still `Risk On' Even Amid Slower Global Growth, CIO Says

Rick Lacaille from State Street Global Advisors discusses the global economic outlook, expecting moderate growth and low unemployment. He highlights political challenges, such as populism and Brexit, which could impact markets and globalization. Despite volatility, the recession risk is considered low, but Brexit remains a significant concern, with potential delays increasing the chance of a no-deal scenario.

What is the expected global growth rate mentioned by Rick Lacaille?

• 3.5%

• 5.5%

• 4.5%

• 2.5%

What is the stance of State Street Global Advisors on recession risk?

• They are uncertain about the risk

• They do not consider the risk to be high

• They think the risk is moderate

• They believe the risk is very high

According to the discussion, what is one of the main risks for investors in the current political climate?

• High unemployment rates

• Increased globalization

• Stable inflation rates

• Populism and political instability

How does the global economic slowdown affect business sentiment according to the transcript?

• It leads to increased investments

• It boosts business confidence

• It dampens business animal spirit

• It has no effect on business sentiment

What is a potential consequence of delaying Brexit beyond March 29th?

• It increases the possibility of a no-deal Brexit

• It removes the possibility of a no-deal Brexit

• It guarantees a deal will be reached

• It has no impact on Brexit outcomes