How should investors prepare for Britain’s referendum on EU membership? Shares were weak ahead of the Scottish referendum and the UK general election, but ultimately it proved right to ignore the opinion polls. Polls can capture a lot of biases and wishful thinking, whereas voting often concentrates the mind. In the polling booth, fear of […]
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What will Brexit do to the UK economy?
The challenge for the UK is to move to being a good neighbour with the EU rather than a reluctant tenant. But how bad is Brexit for the British economy and stock market? Already it looks like the Pound has made a lot of the adjustment – a fall that may have been necessary anyway […]
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