UBS: Here's how to escape the pain of Brexit
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The worst of the market reaction now seems to be over. Markets have begun to stage a rebound, but the political risks are unlikely to go away for a while - especially given the chaos in the Labour and Conservative parties right now.
It is an incredibly uncertain time for investors, and to help get through that uncertainty, the Chief Investment Office at UBS has compiled a list of the assets that should be avoided like the plague in the immediate aftermath of Brexit.
The list spans from currencies, to stocks, all the way from government debt, and takes in assets across the entire the world from Japan to Poland.
Check out the assets UBS thinks should be avoided - for the time being at least - below.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
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- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
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- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market