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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.
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short-term yes, mid-long term, UK will prevail!
innovation leadership is very much needed now!!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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(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/
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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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....
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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.