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Whatever cold the US caught or thought it could catch, the UK still seems to be suffering the flu. UK stocks seem so unloved at the moment, and oft led by US s
by ricardo81 3y ago
Whatever cold the US caught or thought it could catch, the UK still seems to be suffering the flu.
UK stocks seem so unloved at the moment, and oft led by US sentiment.
- mywittyname 3y ago> UK stocks seem so unloved at the moment, and oft led by US sentiment. I'm going to go ahead and blame the choices made by your brethren and politicians for this one. A bunch of of analysts said brexit was going to be bad for the UK economy in a number of specific ways. The population didn't listen, and no leaders stepped in to save the day. You can't really blame investors for treating your country like a toxic waste dump when they openly accept toxic waste and leaders are out there pushing the idea that toxic waste will bring in more money and isn't really toxic.
- edgyquant 3y agoIt isn’t just Britain. Europe as a whole has performed poorly in contrast to the US. The rest of your post is politically partisan rhetoric and not useful for real analysis.
- mywittyname 3y agoThe tradeoff for brexit was increased political autonomy at the expense of trade relations. When companies said they'd reduce investment if brexit went through, they weren't lying. Investors hate uncertainty. It's not politics to point that out. The issue with energy/food prices and mainland Europe is a separate issue that is also impacting UK. But lack of investment is so obviously tied to brexit that the only partisans are the people claiming it's not related.
- edgyquant 3y agoThe US has, from a policy perspective, become far more protectionist in the past 7 years and this is only looking to continue. I would not expect a direct correlation between the US and European economies going forward and if the protectionism only gets worst I would expect the economies, GDPs and the like, to greatly diverge in favor of the US.