After the EU vote, has Britain’s economy and stock market so far made the darkest predictions to shame.
Since the turbulent junidagene have take the FTSE 100 has risen over 15 per cent, while the economic growth of 0.5 per cent in the third quarter was stronger than expected. The pound sterling has, however, received a beating.
Fear børsfall of 80 per cent
Here is a poll question that gets Trump to smile
Should you think hedgefondforvalteren Crispin Odey is still not the worst over with. He believes the british economy is facing a recession, i.e. a recession, and predict that the stock market could fall by 80 per cent after brexit.
The ominous forecast stated in the a investorbrev, writes the british newspaper the Guardian.
Hedgefondforvalter Crispin Odey.
- The Uk laws are rising wages, recession, inflation and falling profits, thinks Odey, who even supported the fight to go out of the EUROPEAN union.
Hedgefondforvalteren, which, according to Business Insider is good for 1 billion pounds, believes the central bank’s low interest rates reinforces the pundets the weakening and the subsequent inflation as a result of increased import prices.
Even should the fund Odey Asset Management, have earned 110 million pounds by betting against the british currency ahead of the vote.
Carney is at the Bank of England to the 2019
Powerful pundfall
After the british EUROPEAN union-no to have the pound put behind it a weak period. Against the dollar is weakening on the whole 20 per cent.
It manifests itself in the prices of imported goods, and economists expect that inflation will be higher as a consequence.
Among other things, Apple has screwed up prices by 20 per cent. Microsoft has announced that they screw up the prices, on some products as much as 22 percent.
the Pound has also weakened against the Norwegian krone, which among other things has led to that the Norwegian exports to the Uk has declined.
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