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MONEY MATTERS

Investing in a post-Brexit environment

After initial sell-off, risk assets have recovered much of their losses and volatilities are back to average; but it is too early for an all-clear.
Wednesday, July 13, 2016 - 05:50
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In expectation of fresh post-Brexit macroeconomic data, Credit Suisse takes a cautious view on equities.

AS we entered the second half of 2016, we witnessed the unprecedented vote by the United Kingdom to leave the European Union. The vote for Brexit caught markets by surprise.

Accordingly, riskier markets responded initially with large sell-offs. This, together with the US Federal Reserve's