For clients who are curious about the potential impact here in Australia, you may wish to read Shane Oliver's view, Head of Investment Strategy and Economics and Chief Economist at AMP Capital.
Key points to note:
- While the immediate impact across regions and markets has varied, it's apparent that Brexit has increased uncertainty about the future.
- There is a heightened risk of recession in the UK.
- Investors should continue to gather information and assess the medium-term implications.
We hope you find this information useful and please do not hesitate to Contact Us should you wish to discuss Brexit or your financial situation further – The team at Southern Advisory