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It’s official. At approximately 12:05 p.m. BST and after a six-week political race, the front-runner, Boris Johnson, won the Conservative Party contest to be the next Tory leader and succeed Theresa May as British prime minister. With the promise of delivering Brexit by October 31st, “come what may,” Johnson trounced his opponent, U.K. Foreign Secretary Jeremy Hunt, garnering more than 66% of the roughly 160,000 votes.
This newsletter outlines the potential effects of Boris Johnson’s election, including Brexit fears, market reaction, and its impact on the U.K. government and economy.
Read > Boris Johnson Wins Tory Leadership
The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.
09.22.2023
Watch the flash talks from Marquette’s 2023 Investment Symposium livestream on September 15 in the player below — use the upper-right…
09.21.2023
After a red hot 2021, the initial public offering (IPO) market has materially slowed over the last two years amid…
09.12.2023
As investors and economists meticulously analyze data to predict future actions of the Federal Reserve, the domestic economy has maintained…
09.06.2023
The U.S. Department of Commerce recently celebrated the one-year anniversary of the CHIPS and Science Act, which was signed into…
08.30.2023
Readers who have recently shopped for Labor Day barbeque supplies may lament the fact that beef prices have climbed to…
08.23.2023
On August 2, Brazil’s central bank cut its benchmark interest rate by 50 basis points, from 13.75% to 13.25%. This…
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