by Mike ‘Mish’ Shedlock
Global uncertainty is on the rise, led by China and the UK.
In the US and Europe measures of uncertainly are on the decline. I gather this from a chart that ZeroHedge tweeted this morning.
[…] I asked ZeroHedge where the chart came from and he replied “In today’s Citi report from Willem Buiter”.
OK, but where did Buiter get the data?
Although the scales are different, the answer appears to be Economic Policy Uncertainty. The the patterns match precisely.