CoreMacro

Given that the seemingly unthinkable can actually happen, we reassess how financial markets price uncertainty, and whether the current pricing is correct.

We test three channels of contagion from the Brexit shock: political, banking system, and economic.

The Brexit drama has moved from the realms of psephology into the realms of game theory. How will the game play out? And how will the economy and financial markets react?

There are not two possibilities in today's vote, but four: Clear Remain; Narrow Remain; Narrow Leave; Clear Leave. We discuss the distinct repercussions from each.

Three strategies that could win whatever the outcome of Britain's referendum on EU membership. And what to look out for in the final days before the vote.

What is liquidity? How is it created and destroyed? And when does it trigger turning-points in financial markets?

A Spanish bull, a euro bull, and an equity bear.

The latest conclusions from the sector-based (right) way to pick stock markets. Plus some important conclusions for credit markets.

We focus on 3 stress-points in the economy and markets which segue to several high conviction investment recommendations.

Approaching the referendum on EU membership, what are the prospects for the U.K. economy and financial markets?