Guy Stephens: Bracing for the Brexit second wave

UK equity market has fallen behind the rest of the world

clock • 4 min read

The government is on the back foot following its Covid-19 strategy and the last thing it needs is a self-inflicted Brexiteer backlash. Unfortunately for the UK markets and sterling, this keeps the no-deal cliff-edge scenario very much alive, writes Guy Stephens

The newswires are becoming ever more focused on the potential for a second wave of Covid-19. This is unsurprising as various cities across the world go back into lockdown or at least have their populace freedoms curtailed due to an increase in infections. This was always a risk, but many hoped either the summer weather, mutations of the virus itself or the implementation of the lockdown would prevent this. Clearly, this virus is very effective at transmission and continues to find human hosts in order to thrive. A vaccine is probably the only way out for our lives to return to normal....

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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read
Bank of England halts interest rate cuts amid ongoing inflation

Bank of England halts interest rate cuts amid ongoing inflation

As priced in by markets

Sorin Dojan
clock 20 March 2025 • 2 min read
More work needed to tackle inflation as BoE members warn of further market turmoil

More work needed to tackle inflation as BoE members warn of further market turmoil

BoE MPC members spoke at Treasury Committee hearing

Sorin Dojan
clock 06 March 2025 • 2 min read