Showing posts with label ftse. Show all posts
Showing posts with label ftse. Show all posts

12 Oct 2018

FTSE below 7000 and BREXIT - NOT amateur radio

For some time now, the FTSE UK share index has been falling. It may recover or it could be a sign of market jitters. Many big pension funds depend on FTSE listed companies doing well.

I expect once the BREXIT outcome is clearer things will go one way or the other. A good BREXIT deal could result in a rebound in sterling. This depends on the UK parliament agreeing the deal.

If we leave without a deal, goodness knows what will happen. My gut feel is there will be some last minute bargaining, as no-one really want a bad deal.