Economist Insights – Eventually

Joshua McCallum – Head of Fixed Income Economics

Geopolitical events such as the UK referendum on EU membership are troublesome for investors. What is the best way to react? Be brave by taking a position beforehand? Be nimble by reacting to market movements after? Or stay calm and just ride the volatility? So much depends on whether investors feel they have any insights, but even more depends on the incentives facing the investment decision-maker.

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