Europe Is Facing Another Severe Banking Crisis
The following is a guest post from Jonathan Rochford, CFA Portfolio Manager of Narrow Road Capital Pty Ltd.
The big news for markets this month was the Brexit vote. The uncertainty of what happens now is real, as there are at least ten different ways Britain can leave the EU and they might not leave at all. However, blaming Brexit for the falls is superficial.Over-priced risk assets have been a bug in search of a windshield and Brexit is just a good excuse for a sell-off....

