Brexit "Fiasco For Consensus Thinking," But Move Past ItMark Melin
Looking at the Brexit issue, analysts at Kepler Cheuvreux think it is not just "a fiasco for consensus thinking," but also a statement on the entire investment year where oddity has been the watch word. The vote that the mainstream thought would never happen happened -- and the consensus of analyst opinion, the sheep point of view, all got it wrong. But more than just Brexit, the report notes a market environment change all should be aware of.
While consensus was wrong on Brexit, treat it as a one off and . . .
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