Europe, UK, Austria and markets

Posted: July 2, 2016 in Uncategorized

Well all is going up in stocks, commodities, gold.

Everyone is hoping on the Reserve Banks to have again the magic bullet.
The issue is that, while in the short term they can do it, the issue is that only the politicians can really solve this mess and they showed more more of not being able to do that as they are trapped in the plurocracy of the few.

UK has the second largest public debt with no realistic ability to pay it back (independently  from Brexit Bremain).

Austria is going back to the polls…and I wrote in this blog that the Austrian election was botched.

The relaxed reaction to the UK results could even embolden EurExit.

Make sure your adviser knows what is happening. Under the calm seas there are dragons.

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