Three weeks ago Gavekal’s Anatole Kaletsky wrote about the chances of one populist vote victory in the near term: Brexit and Trump in 2016 and the right-wing Alternative for Germany (AfD) in 2017. Statistically, he gave this a more than a 50% probability, whilst also suggesting that a vote for the UK to leave the
As is very obvious from today’s movements in financial markets, the result of yesterday’s in/out EU referendum in the UK has come as something of a shock to most investors, ourselves included! In addition to the Pound’s sizeable decline on the foreign exchanges – reported as being its largest daily move ever – sharp sell-offs across the UK equity
The current electioneering in the US and UK is making interesting media frenzy material and a buzz on social media. Is it just me, or were Boris Johnson and Donald Trump separated at birth? Are they not “brothers from another mother”? One is a larger than life comedian with the strangest hair on the planet
