Wyn Thomas - Axys Investment Management

Weekly Market Update 27th May 2016

BREXIT ON THE AGENDA

This week has been Brexit again. Given that it will be Brexit every week between now and the end of June, we’ll try and sum it up here and look for more interesting things to talk about until after the vote. The arguments that have intensified this week have been economic. Economic forecasts have quite a lot of assumptions in them and thus are open to being manipulated. Our take is that the uncertainty following an out vote will have some negative impact, probably not as much as the Treasury is forecasting, but certainly not nothing as proposed by the out camp. Read More…..