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The historic agreement, is it really the end of Brexit ?: "They expect months of volatility"



The European Union and the United Kingdom have reached a historic agreement on Brexit this Thursday after "traveling a complex path" in the words of the president of the European Commission, Ursula von der Leyen. The German has been commissioned to announce the white smoke that "leaves Brexit behind." But is it really the end of Brexit?

"Investors must wait months of volatility in the future", explains Nigel Green, executive director of deVere Group. The expert clarifies that in the short term the stock markets will be boosted and the pound will come out stronger, however, it is very clear:"this is not the end of Brexit".

"Now there will have to be a significant readjustment period, as the world's sixth largest economy departs from the world's largest trading bloc"Green explains." As economies and businesses adapt to the considerable changes of a post-Brexit world, investors should expect disruptions and uncertainty that will create volatility in the markets. "

It is undeniable that the step forward that both powers have taken this Thursday is loaded with great changes, which is why investors "they must ensure that their portfolios are adequately diversified"Green ends.

TD Securities have spoken in a very similar line. "We will have to be prepared for significant disruptions starting in 2021, as the agreement formally replaces the Transition Agreement, "the experts explain.

"We don't see this as a game changer for the markets. There was an agreement on the price and details are unlikely to have any influence in the direction of the markets from here, "they continue.



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