Flavours of recession, Xi vs Biden vs Trump, Jeremy Hunt’s big dilemma

Capital Economics Weekly Briefing

After nearly two years of monetary tightening, debate rages over whether advanced economies are heading for recession. However, as Group Chief Economist Neil Shearing tells David Wilder in this latest episode, recessions come in more flavours than the two sequential quarters of negative growth that have come to define them.

Plus, in the wake of that Joe Biden-Xi Jinping meeting in San Francisco, an exclusive clip from our Drop-In briefing on global fracturing explains why a broad agreement to fix US-China economic relations looks unlikely and what the potential return of Donald Trump to the White House could mean for the structure of the world economy.

And Chief UK Economist Paul Dales and Deputy Chief UK Economist Ruth Gregory are on the show to preview the Chancellor’s Autumn Statement, including the core dilemma facing Jeremy Hunt and what the OBR’s latest forecasts might signal.

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