Peter Isackson via Fair Observer | From politics to science and the arts, we need to understand how “influence” works and how the notion has evolved in recent history.
Gilles Moëc, chief economist at Axa Group | Our key assumption is that Boris Johnson wants a deal, just a different one. That is in itself complex, but not yet impossible to achieve and get passed. If he is reconciled with the possibility of no deal, then the outlook is much grimmer. At this stage we want to believe that rhetorics should not be taken at face value. It is a close call. It has been our long-standing view that any resolution on Brexit is likely to entail elections – with the uncertainty it entails. We think the latest events have raised this probability.
Experts at UBP believe that fiscal stimulus or, more effectively, fiscal- monetary coordination presents the most potent upside catalyst to risk-assets.
Ann-Katrin Petersen, investment strategist at Allianz Global Investor | The more uncertain the UK political environment, the weaker the GBP, and vice versa. A structural appreciation of GBP, which we deem to be undervalued, necessitates more clarity and a benign decision in the Brexit discussion.
Thomas Lehr (Flossbach von Storch) | The US-China trade conflict is keeping markets on tenterhooks. Should we therefore avoid equities? We encourage investors to be courageous. Quality prevails. An argument in favour of long term investment.
Olivia Álvarez (Monex Europe) | Driven by concerns about a no-deal Brexit, in less than a week, the pound sterling has fallen more than 2.7% against the euro, reaching its lowest levels in the last two years.
Shaun Riordan │Many of us are already enjoying our summer holidays. Others are packing now, looking forward to relaxing on the beach, or in the mountains. Wherever we are taking our holidays we should make the most of them. A perfect storm is brewing which could hit Europe hard in the autumn, with devasting economic and political consequences.
Shaun Riordan | Prime Minister, You enter office in the middle of the UK´s greatest peacetime crisis. Your optimism and can-do spirit are admirable. You will need to be decisive. But your actions need to be based on reality not fantasy, especially in relation to Foreign policy, on which this Memorandum focuses…
Peter Isackson via Fair Observer | Boris Johnson’s march to Downing Street is becoming a surreal, even psychedelic, cartoon hovering between tragedy and farce.
BoAML | The risks of a no deal Brexit have risen in our view. No deal is not our base case, but that is now a close call.