Wyn Thomas - Axys Investment Management

Weekly Market Commentary 27th September 2019

BORIS AND DONALD STIR UP STRONGER POLITICAL HEADWINDS

This week much of the news has been dominated by two political scandals; the court ruling that Boris Johnson acted unlawfully by proroguing parliament, and the developing news that Donald Trump tried to pressure Ukraine into investigating a political rival by withholding military aid. While both could turn out to be fatal for their perpetrators eventually, the immediate impact is surprisingly little. MPs have secured an extra couple of weeks back in parliament but they may not be able to do much with it. Likewise, in the US, Democrats and Republicans remain at loggerheads over impeachment. Read more…