HSBC: The UK's Brexit fallout is yet to come

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Rupert Hargreaves
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Updated on
Brexit Fallout

Brexit Fallout? Exactly three months on from the so-called ‘Brexit’ and you could be forgiven for thinking that the UK’s momentous vote on its membership of the EU had never taken place. Indeed, at first glance, it would appear that the UK and its trading partners across Europe have suffered no ill economic effects from the vote. Of the hard data we have so far ? industrial production and construction for July, and retail sales for July and August ? the surprises have all been to the upside. Retail sales, in particular, saw year-on-year growth rise to a 12-month high…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk