Edward Bonham Carter: Expect a volatile path to a new normality

Markets do recover from calamitous shocks

clock • 4 min read

The UK may now be in uncharted waters, says Edward Bonham Carter, but history suggests looking through short-term events tends to be beneficial for long-term investors

So the British people have spoken and have sent a clear message they want the future of the United Kingdom to be outside of the EU. We are now in uncharted waters. In the EU's short history, no country has ever chosen to leave and our politicians - the vast majority of whom were overwhelmingly in the ‘Remain' camp - will need to work out how we actually extricate ourselves from the tangled web of agreements and legislation that has been woven around us over the past 40 years. In the immediate term, the drama at a political level will, far outweigh the economic impact of this unprecede...

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