'I would be quite surprised if there wasn’t a recession in the UK'

'I would be quite surprised if there wasn’t a recession in the UK'
http://finance.yahoo.com/news/brexit-mar...53617.html#

more or less confirm recession unless the BoE does a mega stimulus.

Already downgraded by ratings agency means funds will have to move investment capital out.

short-term yes, mid-long term, UK will prevail!

innovation leadership is very much needed now!!

(28-06-2016, 03:15 PM)brattzz Wrote: short-term yes, mid-long term, UK will prevail!

innovation leadership is very much needed now!!

The funding and innovation in UK, are impacted by the Brexit over long term.

http://www.theguardian.com/politics/2016...peers-warn

https://www.technologyreview.com/s/60172...ut-brexit/

The longer the British take to invoke article 50, the worse it will be for them.

Any management worth its salt would be very likely to hold back it's expansion plans (capex plus manpower) until there is more clarity. Without any upside, there is only downside....

it's a real pity WBL long ago delisted otherwise is should be cheonging now.

wearnes have all the dealership for luxury british made cars like Jaguar, Mini, Aston Martin, Rolls Royce, Land Rover Bentley all just got a whole lot cheaper with the pound crash.

Brexit: Singapore bank UOB suspends London property loans
http://www.bbc.com/news/business-36670075

Was Brexit fear a giant hoax or is this the calm before the next storm?
http://www.telegraph.co.uk/business/2016...-the-next/

(30-06-2016, 06:22 PM)Behappyalways Wrote: Was Brexit fear a giant hoax or is this the calm before the next storm?
http://www.telegraph.co.uk/business/2016...-the-next/

Probably FED will have no choice but to hold rates or even drop them to negative giving more liquidity to global markets and pushing them higher. But I dun think there will be another QE since markets have calmed down somewhat. Without QE the US corporate earnings will definitely continue to go down and stocks will follow eventually. China has done more yuan devaluation this recent week as well.

Reckon the next trigger will be another exit EU referendum from the Swedish or Netherlands. From what I know they are very "democratic" countries.