Brexit Shocker – Analysts React – we have noted the latest news lots of commentary from pundits etc. Here is what the the big banks are saying. Remeber whatever you do you should panic sell (or buy) after listening to clueless pundits on CNBC offer their latest expert advice – JK.
Barclays
AFTSE futures are already down 8%. If this outcome is confirmed, while sentiment could lead to an overshoot, from a fundamental perspective we estimate the risk of a further 10% correction in UK equities. Risk to earnings from appears moderate at the moment, in our view, and risk premia are already elevated. Both should eventually help cushion the downside. Setup a free account to get access to this article (no credit card required).Login required to continue reading.
