Consensus among Global Investors that Brexit will Damage European Economy
June 16, 2016 | posted in Articles
June 16, 2016, Morningstar
Investors braced for stock market turmoil in UK and Europe if Britain leaves the European Union
With just a week to go to the EU Referendum, there is almost universal agreement amongst global investors that a Brexit vote would cause havoc on stock markets and damage both the UK and European economy. This consensus among investors seems in stark contrast to the divided views of politicians about the financial consequences of the UK leaving the European Union.
The study, by the Rivel Research Group, found that just 3% of UK investors thought the European economy would improve if Britain was to exit the European Union.