In last week’s blog I mentioned the over-valued credit markets in China as a key risk to financial market stability. This week saw Moody’s downgrading of China’s credit rating and its outlook for China changed from stable to negative. The slowing of growth Despite economic stimulus, GDP growth has fallen pretty steadily since 2010 and …
First signs of economic discord?
Is the honeymoon period over for the UK economy? The release of new UK GDP figures on Friday shows a slowing of growth from 0.7% in Q4 2016 to 0.3% in Q1 2017. It’s not come as a big shock. Indeed, what has been more surprising is that growth has remained high for as long …