Michael Murray: Stock markets cast adrift by political cyclone
Investors are bracing for a new wave of stock market turmoil as profit warnings start to flow
Despite a stock market rally in the second half of last week, the impact of the Brexit ballot has spooked stock markets across Europe, with traders braced for further share sell offs in key sectors over the coming months.
The impact of a fall on broader consumer and business confidence will soon feed through to reduced consumer and capital spending. This in turn will impact on corporate earnings - profit warnings will ensue and share...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery