Wyn Thomas - Axys Investment Management

Weekly Market Update 14th September 2018

HURRICANE FLORENCE SET TO TEST PRESIDENT TRUMP’S LEADERSHIP

This week, we got further support for the status quo. Positive economic data, including a higher than expected GDP data was coupled with a decision
from the central bank to leave things alone and let everything carry on as it is. Unfortunately, our political leaders don’t have the same appreciation for
inactivity. Boris Johnson especially appears to believe that he gets paid by the word and treated us to what appears to be the opening salvo in his battle
for the Tory leadership. While even Brutus would have raised an eyebrow at the amount of plotting going on in the Tory party, it does at least appear that
they are giving up on trying to control Brexit and have instead focused on grasping the leavers of power afterwards. Read more…