The UK Referendum: An Update
As of this posting, international investment markets have mostly recovered from the shock of the UK's referendum to exit the European Union. However, there is still plenty for leaders and policymakers to negotiate and deliberate, as we expect they will for months to come. This episode is indeed far from its conclusion.
Rather than sharing our own thoughts on what may or may not transpire in the near-to-medium future, we felt it best to post this commentary from Niels Jensen, a strategist with Absolute Return Partners based in the UK, who provides a much more meaningful first-hand point of view on the action. Please click the following link to access the PDF version of his letter:
Mr. Jensen has given us his blessing to post this piece; we offer a full citation of his work below:
Jensen, Niels C. "Brexit Special: The Empire Strikes Back(wards)." The Absolute Return Letter (7 July 2016). Web. 11 July 2016.