Analyse fra Natexis – læs hele analysen her
Brexit: The economic shock is small, but the effects may be the result of uncertainty, risk aversion, wealth
When we measure the direct economic effects of Brexit on the euro zone, the United States, Japan and China, we see that they are small: Brexit is unlikely to change the global economic equilibrium significantly. But we also have to take into account the indirect effects:
• The increase in uncertainty and risk aversion, which may curb investments;
• The negative wealth effects, due to the decline in the stock market, which may curb consumption and investments.
The indirect effects of Brexit may be far more significant than the direct effects.
