Financial coverage uncertainty measured within the UK in context

In some methods, political uncertainty – a minimum of as measured by textual content – is not as unhealthy as I’d have thought. Right here is the Baker-Bloom-Davis index:

Determine 1: UK financial coverage uncertainty (blue) and centered 7-day shifting common (pink). ECRI has shaded recession dates. Supply: politicsuncertainty.comECRI and creator’s calculations.

The 9/27 worth of 732 is way decrease than the Brexit referendum worth of 2661. Then again… tomorrow is one other day!