Uncertainty surrounding Brexit is likely to continue for some time. We want to cut through the fog, and consider the broader state of the nation’s economy.
Focus on the longer term and stay invested, albeit with a bias to lower risk companies.
With the Brexit decision tree we shared earlier this year we aimed to make sense of what at times has seemed a senseless situation. There are still many unknowns, but with new information starting to shine through in the last month, we are now publishing an update.
To help us filter out the day-to-day nonsense and make sense of how Brexit could develop over the coming year, we’ve created a simple decision tree.
Ed Smith, Rathbones asset allocation strategist, spoke at ‘Brexit and 100 days of Trump’, an event in our Liverpool office on 3 May. Here is a summary of Eds presentation.
The probability of a hard Brexit is very much higher now than it was immediately after the referendum, despite a rumoured eleventh hour softening of May's tone ahead of Wednesday's invocation of Article 50.
UK commercial property values increased by 2.4% over the first six months of 2016, according to the IPD All Property Index. Yet these gains were eradicated in the immediate aftermath of the EU referendum — the index fell by 2.8% in July alone.