Cocktail Investing

The headlines and the markets have been heavily focused this week on the rising risk that the United Kingdom will exit the European Union without any agreement. Prime Minister Theresa May just barely managed to hold onto her job after a vote of no confidence but has been politically battered, much like Germany’s Angela Merkel, not to mention French President Macron’s horrific weekend during which Paris dealt with violent and destructive riots protesting against his government. European leadership is increasingly weak which is not good for markets.  This week Lenore Hawkins, Chief Macro Strategist for Tematica Research speaks with Marco Caneva on how Brexit affects the economy of the UK and the European Union in ways in which many not realize, creating major headwinds to both economies and exacerbating the Middle Class Squeeze, one of Tematica Research’s investing themes. They also discuss how the European Central Bank’s zero and negative interest rate policies (ZIRP and NIRP) have affect investors, businesses