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.

In what ways has unemployment changed in the US and UK according to the discussion?

What does Rick Lacaille suggest about the implications of delaying Brexit?