The index investment
strategy team provides research and commentary on the
entire S&P Dow Jones Indices» product set, including U.S. and global equities, commodities, fixed income, and
economic indices.
Here's what is required (leaving aside Theresa May's electorally hamstrung inability to deliver much of it): The
entire cabinet and every business leader the government's black book can muster, on stage for the launch of the new
strategy; an explicit declaration that this, full decarbonization of the economy, is the post-Brexit
economic strategy; clear and attractive retail policies, such as a diesel scrappage scheme, tax breaks for green investment, new apprenticeships, a green home building program; an open invitation to all opposition party leaders to share a platform to support the plan with a declaration that while they may not agree on every component they fully endorse the over-arching goal; a willingness to shame those party leaders who play party politics and refuse to turn up; a fortnight - long program where each day sees a new cabinet member explain how the plan will transform parts of the economy; a Royal Commission on the flaws of GDP as an
economic measure and the viability of alternative quality of life metrics; and, yes, a brave assertion that carbon intensive industries will have to transform or be scaled back, backed by a decarbonization adaptation fund to help affected communities respond to this global trend.
In a point in our
economic history where jobs are scarce because
entire industries are in danger of disappearing, this broad
strategy will really find a lot of people languishing in the market for months and they won't even know why.