The period following Brexit is likely to be turbulent for the FTSE but there will be opportunities to buy cheap stocks.
Brexit, Trump and European elections all had the potential to cause chaos in the stockmarket. Yet investors have remained calm. What next?
Prime Minister Theresa May’s surprise announcement that there will be an election on 8 June has been cheered by investors. The economy is on the verge of slowing, making holding the election more urgent for the government.
Data shows that markets tend to rise in the lead-up to elections when there is a degree of confidence about who the likely winner will be.
UK Prime Minister Theresa May’s call for a snap general election could bolster her negotiating position with the EU and within her own party. This may potentially lead to a "softer" Brexit.