July 9, 2016

Bearish On The UK

   July 9, 2016

Bearish On The UK

Confidence_In_The_UK_Economy_%_TMMChart.png

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Trader’s Remarks:
The UK economy has had a rough ride for the past few months. With the EU Referendum voting in favour of Brexit, political uncertainty with the resignation of David Cameron, Boris Johnson and Nigel Farage, and a vote of no confidence for Jeremy Corbyn, it is no wonder The Market Mogul readers leaned towards the bearish side in our most recent poll. However, all is not gloomy, with some clarity on the new Conservative leader and the potential for the BoE to calm markets with a rate cut next week
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