Macro
Peter Wilmshurst

There remain as many potential scenarios around Brexit now as there was two and a half years ago when the British voted for Brexit. Its still uncertain exactly what the May government wants, and exactly what the EU governments are willing to agree with. So, we sit here with all the scenarios potentially on the table (in the video).

That said, UK economy incomes have been growing, unemployment has come down, and yet the companies haven't been willing to invest because of that uncertainty around Brexit. So, if we do get a deal, that should unleash quite a bit of investment going into the UK, which would be very positive.

The companies owned by the Templeton Global Growth Fund (ASX: TGG) in the UK, though, are mostly multinationals i.e. businesses not solely dependent on the UK economy.



Comments

Please sign in to comment on this wire.