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Is Brexit really dragging down Britain’s economy and the stock market, or is there more to the story? Valuations in the UK stock market are low so is now the right time to invest?
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In this episode, Jon Adair and Neil Woodford discuss the impact of Brexit on the UK economy, particularly focusing on investor sentiment, market performance, and productivity. They explore the significant outflows from UK equity funds, the resilience of the UK economy post-Brexit, and the ongoing debate about whether Brexit is to blame for productivity issues. Neil argues that the pandemic has had a more detrimental effect on the economy than Brexit, and he emphasises the importance of long-term investment strategies in the current market environment. The discussion also touches on market valuations, risks, and opportunities for investors looking to navigate the current economic landscape.
Not financial advice.