The best investment opportunities may be thousands of miles away.
The best investment opportunities may be thousands of miles away, according to a major Wall Street firm.
That assessment is not coming because he sees the American economy barreling toward trouble as a sluggish earnings season gets underway. Rather, Emons said he's worried an improving economic picture may prompt the Federal Reserve to begin raising interest rates — shocking Wall Street in the process. "There is so much uncertainty around this Brexit, that I think it has now come together that the extension being pushed out further in the future," added Emons."This is an opportunity where the U.K. market has upside, relative to Europe and to U.S. because of the uncertainty of Brexit now disappearing."
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