Investec: Don't Invest In Barclays For Brexit Mean Reversion Trade – ValueWalk Premium
Brexit mean reversion

Investec: Don't Invest In Barclays For Brexit Mean Reversion Trade

The Brexit mean reversion trade is gaining stream.

Just as the fear machine was beginning to ramp up hysteria regarding the horrors of the UK leaving the increasingly debt burdened European Union, it was research on April 8 CIBC that was a classic against the establishment crowd trade recommendation that stood out. Today it is Investec research that further validates the concept and takes the topic to the next level by warning investors not to purchase the obvious UK exposure – Barclays, a bank with declining revenue streams that trades . . .

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