Meet Brexit's Successor; Brexhaustion
Investors tired of hearing about Brexit should brace for a lot more of the same. Brexhaustion is on the horizon. Oddly enough, the long-winded nature of this saga might well become a positive, potentially facilitating a quicker recovery in global risk appetite. Might. This assumption is based upon the premise there won't be any more negative follow-up events. We don't know whether this might be the case or not. Meanwhile there's a difference as to how various Australian equities have been impacted since Friday's Brexit vote. That difference could be of crucial importance when establishing medium term growth outlooks and risk profiles. My Weekly Insights (Special post-Brexit edition) (VIEW LINK)
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