Wyn Thomas - Axys Investment Management

Weekly Market Update 26th August 2016

AUGUST BOOST FOR THE ECONOMY

The argument continues to rage on the effect of Brexit on the economy. The most recent data has generally been quite positive, with retail sales volumes

up in August, and at odds with a couple of PMI survey results in July which had caused concern. The Brexiteers have pointed to this data as vindication

for their position, but this is as wrong as the Remainers’ July arguments that Brexit is a disaster because of PMIs or commercial property prices. Read More….