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Risk disclaimer
For investors, everything about the UK remains in a state of flux, whether it’s the political backdrop, the economy or the stock market. Perhaps there are two consolations:
- European elections and the ongoing Democratic versus Trump battles in the US
- Continued concerns on trade and a general economic slowdown.
It’s pretty much the same everywhere! The problem, of course, is that the UK market is being assailed from both sides. For domestic-facing UK equities, while the economy remains robust with record employment levels, the concern remains ‘what next’ – owing primarily to the ongoing saga that is Brexit. And for those businesses that rely on exports or just have a large portion of business overseas, the issue remains the threat of a US/China trade war and the effect on both countries’ and others’ economies.
Risk disclaimer
Views and opinions have been arrived at by BMO Global Asset Management and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.
“The UK market is being assailed from both sides.”
