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1.Market Observations, 8.Was Sticky

26 Sept 2019 (AFR) – Anglosphere rattled by fresh political crises – Impeachment threat, Brexit rattle global confidence

(26 September 2019, AFR, p1, Jacob Greber and Hans van Leeuwen)

New York | The English-speaking world’s two biggest economies are  embroiled in fresh political upheaval that threatens to derail global confidence already battered by deteriorating tensions over China. Over 12 drama-packed hours, the United Kingdom’s Supreme Court ruled that Prime Minister Boris Johnson’s attempted five-week suspension of Parliament  was unlawful, while across the Atlantic, the Democrats announced they would look at whether or not to begin impeachment proceedings against President Donald Trump. The two events coincided with an emotionally charged week at the United Nations General Assembly, where Secretary-General Antonio Guterres warned of the dangers to the world of a de-coupling between the Chinese and US economies.’

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