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« Whoever Does Not Respect the Penny is Not Worthy of the Dollar | Main | These Important Stocks are Trading Like a Financial Crisis Has Begun »
Monday
Feb222016

Brace yourself for Brexit however unlikely the prospect is

After a trying start to 2016, investors could be forgiven for wondering what else this year might throw at them. it could be a full scale UK retreat from the EU

David Cameron’s bruising negotiations last week set the tone for the run-up to the EU referendum. We face an extended period of political, economic and financial uncertainty.

That’s the kind of cocktail markets typically dislike intensely. After a trying start to 2016, investors could be forgiven for wondering what else this year might throw at them and they are starting to examine all outcomes, including a full-scale retreat from the EU.

Of course, Brexit is not a foregone conclusion. The Scottish referendum and last year’s general election showed a bias to preserving the status quo. Most analysts put the probability at no more than 30pc or so.


read more.....

 

Gold heads lower towards the $1200/oz level - is this rally over?

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