Following the April 2nd “Liberation Day” announcement, financial markets plunged as the S&P 500, NASDAQ, and Brent crude dropped over 10%, while gold prices soared to record highs amid rising volatility and a weakening U.S. dollar.
AI is the buzzword everywhere, and while more people are becoming familiar with how it can support them, questions remain about its long-term impact on jobs and industry.
Since Bretton Woods in 1944, Western economic policy has favored reducing trade barriers for growth. The world’s largest economy imposing broad tariffs marks a major shift with deep global market implications.
Some people blame global forces, for others, the economic slump seen since last summer can only be attributed to the decisions of the current Government. One thing that is clear, is that the economy has slowed down since autumn, and there is set to be an inflationary shock in April, as the impact of the budget takes effect.
As the tsunami of AI disruption hits the world of white collar work, the legal sector is not immune from its impact. The recent study by Linklaters, where they measured the competency of AI engines to determine whether they were yet able to replicate the functions of a qualified lawyer were noteworthy.
This week we hosted the latest in our quarterly series of events looking at London Financial Services, where a central topic being discussed was the increasing importance of geopolitics on the London economy. Discover the key takeaways from the event with delegates from leading recruitment firms such as Morgan McKinley, REED, and Page.
