TalkingPoints is our new series of informative reports providing insight into a wide range of financial topics, alongside the investment research reports we produce.
First the EU referendum, then the election of Donald Trump. In 2016, investors were surprised by events that pollsters and other experts said wouldn’t happen, although on both occasions stock markets swiftly recovered before reaching new highs.
The advent of “robo advisers” has provided some investors with an opportunity to take a different approach to managing their investments, and undoubtedly some are ready and willing to rise to the challenge.
Stock markets emerged unscathed from the shock of the EU referendum result and the election of Donald Trump, but will investors be so sanguine in 2017?
With the EU referendum and the election of Donald Trump, 2016 has been an interesting year. Neither result was predicted by the experts or pollsters who get paid so well to know ‘what people think’. And, in both cases, the victors made campaign commitments that were outright nonsense.
What a year it has been for political surprises. It is now just over four months since the EU referendum result shook the country and financial markets alike.
The period since the UK voted to leave the European Union (EU) reminds us of the Phoney War. Although we have a new prime minister, little has changed, other than sterling’s precipitous decline.
Financial and political chaos were widely predicted if the UK voted for ‘Brexit’, yet all is calm. While we remain unconcerned about the risk of a meaningful economic contraction in the short term, there are several risks to the UK and global economies.
Is it purely coincidence that there are no European equivalents of Apple, Microsoft, Google (Alphabet), eBay, Facebook, Netflix or Twitter?