In a surprising development, the United Kingdom yesterday voted 52% to 48% to exit the European Union (“Brexit”). The implications of this decision are varied. The decision to exit initiates a process of negotiation between the European Union and the United Kingdom. It is important to note that the United Kingdom has yet to invoke Article 50 of the Treaty on European Union. In order for negotiations to begin, Article 50 will have to be invoked, after which there is a 2-year period to negotiate the terms of the United Kingdom’s withdrawal.Read Post
Boston Private provides expert commentary on the economy, equities and fixed income markets.Read Post
Boston Private market strategist Bob Pavlik offers his views on the upside potential for the S&P in the coming year, noting a nearly 10 percent upside.Read Post
Shannon Saccocia, head of asset allocation at Boston Private Wealth, offers commentary on recent post-election market activity and ahead of December’s Fed minutes.Read Post
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