Cazenove's Jeffrey: How economic data continues to challenge the post-Brexit consensus

clock • 5 min read

First it was the stockmarket and now it is household spending: financial and economic trends are defiantly failing to develop as predicted.

For example, while the international nature of the FTSE 100 boosting the index to its highest levels since mid-2015 is perhaps a little easier to understand, given the post-Brexit referendum fall in the value of the pound, it is harder to explain away the strength of the FTSE 250 index (which is approaching its all-time high) and also that of the FTSE Small Cap (ex Investment Trusts) index - which is also at an all-time high. Neptune mid-cap team: How we responded to post-Brexit sell-off Clearly, a few of us have not read the script. Either that or investors are making a horrible mist...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot