Tuesday, January 24, 2017

Pound to strengthen up to and beyond 2019!

This is a good read and I reckon all the worst outcomes are factored in so the future is bright!

Sterling’s future under a ‘clean’ Brexit

"Such is the uncertainty surrounding these issues that anyone with significant exposure to sterling should seriously consider hedging to protect against future losses, or to lock in gains already made. Economists can outline possible scenarios but cannot be expected to make accurate predictions when such radical uncertainty is prevalent. The cost of hedging, though higher than the historic average, still seems small relative to the two-way risks inherent in sterling exposures around the time of Brexit."


Its not necessarily what anyone is publicly shouting but its my researched opinion!


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