- The pound didn’t just fall last week, it has been falling for two years.
- As the UK imports 50% more than it exports, inflation is on the table for certain along with a high risk of stagflation.
- We’ll analyze the potential risks and rewards for in the UK and the pound.
The British Pound
You probably know that the UK voted to leave the European Union back in June in a move called BREXIT. The UK government hasn’t yet started the procedure of leaving, so there haven’t yet been direct effects on markets, the economy, and jobs, but something investors don’t like is uncertainty. More →