The RSM Brexit Stress Index moved higher again in the week, as Prime Minister Theresa May of the Conservative Party resigned her post following multiple failed attempts to solidify a plan for Britain's departure from the European Union. The index -- which provides a composite measure of the political ... READ MORE >
United Kingdom
The RSM Brexit Stress Index–a waiting game
The RSM Brexit Stress Index finished the week at 0.36, virtually unchanged from last week’s close. Although the index remains within a range of normality in terms of asset price movement and volatility, there were nevertheless signs of increased stress in the majority of markets. The index measures UK ... READ MORE >
RSM Brexit Stress Index shows increase in financial market stress
The RSM Brexit Stress Index finished the week at 0.34, up from last week’s close at 0.02. Although remaining within a range of normality in terms of asset price movement and volatility, financial market stress is nevertheless inching higher again. Until three weeks ago, the index, which measures UK ... READ MORE >
RSM Brexit Stress Index finishes week slightly up, signals normality
The RSM Brexit Stress Index finished the week at 0.02, slightly higher than last week’s value of -0.01, signaling a period of normality in terms of asset price movement and volatility. The index, which measures UK economic sentiment surrounding Brexit, suggests that stress has declined in 14 of the ... READ MORE >
RSM Brexit Stress Index shows slightly more pressure ahead of elections
The RSM Brexit Stress Index finished the week at -0.01 from -0.16 a week earlier, showing a slight increase in stress as the markets corrected after a holiday lull. The index, which measures UK economic sentiment surrounding Britain’s expected departure from the European Union, had declined in 14 of the ... READ MORE >
RSM Brexit Stress Index eases ahead of holiday weekend
The RSM Brexit Stress Index finished lower for the week at -0.16 from -0.09 a week earlier, following a recent extension for Britain’s imminent departure from the European Union. The index, which measures UK economic sentiment surrounding Brexit, has declined in 14 of the past 19 weeks since a peak in ... READ MORE >
RSM Brexit Stress Index: Decline implies conditions support improved UK economic growth
The RSM Brexit Stress Index declined to -0.08 from 0.41 the prior week due to the extension to Oct. 31 of the UK’s potential exit from the European Union. The index has made a two-standard-deviation move since early December, 2018; the trend implies broader financial conditions supportive of growth sorely ... READ MORE >
Policy options to boost economy may be limited in a post-Brexit world (updated)
It remains to be seen whether Britain's impending departure from the European Union will be "hard" or "soft." Either way, it is time to start thinking about the post-Brexit economic environment. It will take sustained and concentrated efforts by the British government to begin shaping policy to mitigate ... READ MORE >
RSM Brexit Stress Index eases on promise of soft departure from EU
Probability for a hard Brexit is falling, data from RSM’s proprietary Brexit Stress Index shows. The index eased to .41 from a high of .77 on March 8. While the opposition Labour party put out a statement late Friday saying talks have stalled, the RSM Brexit Stress Index nevertheless eased somewhat ... READ MORE >
Section 232 automotive tariffs and their impact on Europe
Under section 232 of The Trade Expansion Act of 1962, The Trump administration has the authority to impose tariffs on automotive imports from the UK, the European Union and Asia. On Feb. 17, the Commerce Department delivered a report on whether the import of these products poses a threat to U.S. ... READ MORE >