A Summer of European Political Upheaval
15 September 2016
The traditional summer lull for European financial markets was slow to arrive and quick to end this year, and we expect some of the developments that have taken place during the summer months could dominate the direction of markets for some time to come. In particular, the United Kingdom’s surprise vote in June in favour of Brexit meant that July, generally regarded as a quiet month for European markets, was unusually torrid for mainstream investors and investment professionals alike.