With regard to Ken Davy’s column on Brexit (3 March), I can only see the stock markets going in one direction if we leave Europe, and that will reduce our clients’ investments
The weaker pound may not be too bad a thing, but again, client investment values abroad will reduce with the lower exchange rate.
A successful Europe would be the world’s largest economy, which has certainly helped the US’s growth prospects in the past.
However, it can never be a total success, as each country has its own interests at heart and its own voters to sway, which always becomes apparent when an election is due.
There will be winners and losers, but in this profession the immediate impact will be lower investment valuations for our clients.
Mark Green
IFA,
Green Gem,
Birtley,
County Durham
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