Post-Brexit investors could be forgiven for asking what all the fuss was about but change is definitely coming, according to Peter Toogood. Here he outlines three economic scenarios investors should think about…
Toogood, investment director at City Financial consultancy The Adviser Centre, said anyone who predicted utter chaos following the referendum was always going to "look rather foolish". He said: "For now, we are still inside Europe, unemployment is still falling and wages are still rising, so what's not to like? The referendum was, at best, a distraction from the overriding question of how we break out of the current cycle of monetary intervention and asset pump-priming." Toogood (pictured) added: "As we have seen in Japan over the past 20 years, the Average Joe may have enjoyed the be...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes