Woodford: ‘Polarised and parochial’ Brexit debate ignores EU impact
Neil Woodford believes Brexit would cause crisis in the EU and tremors in the eurozone, but a weaker sterling could ultimately be beneficial to his funds.
Neil Woodford believes Brexit would cause crisis in the EU and tremors in the eurozone, but a weaker sterling could ultimately be beneficial to his funds.
After years of economic stagnation, the gradual recovery in the eurozone is beginning to show signs of sustainability.
The eurozone’s economic sentiment index fell in January to 105 from a revised 106.7 in the previous month but it will pick up later in Q1, according to Moody’s Analytics.
Workers at Toyota’s plants in Burnaston and Deeside will breathe a sigh of relief on the car maker’s renewed commitment to the UK, but it’s a sign of further questions to come on Brexit.
Mario Draghi sounded a sombre note at today’s European Central Bank meeting, suggesting lack of structural reform and pressure from emerging market weakness were holding back the Eurozone recovery.
Ask a panel of investors where the best growth opportunities are, and you can bet a fair amount will say European equities. But amid the furore, are they actually really taking the plunge?
News that Greek Prime Minister Alexis Tsipras has seemingly given in to creditor demands certainly cheered markets yesterday.
Everyone is getting in a panic about ‘Grexit’, but it’s the return of the term ‘PIIGS’ that really grates.
Despite the ongoing Greece sage, deflation worries in the eurozone are increasingly looking like a thing of the past according to Moody’s Analytics.
Investors need to moderate their return expectations from European equity markets due to high valuations, according to JP Morgan Asset Management.
Kicking the Grexit can down the road has gone on long enough says Brooks Macdonald’s Jon Gumpel, but US Q2 growth figures could push the issue to the sidelines.
Investors seeking sustainable dividends should look no further than the heavily-regulated utilities sector, according to Fidelity Worldwide Investment’s Michael Clarke.