Michael Murray: Crises at the gates

Investment decisions are becoming a nightmare due to a whole range of challenging events

25th September, 2016

Hard Brexit, soft Brexit, no Brexit. Social media-driven populism, quantitative easing, China’s debt woes, technological change, international terrorism. The threat of continued political instability on our home patch. All of these issues affect directly or indirectly on the earnings prospects and valuations of a huge swathe of both Irish and international publicly-quoted companies.

Let’s start with Brexit. What is becoming clear is that British politics is not just divided between the Leave and...

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