From stress testing balance sheets to considering alternative supply chains, RSM Chief Economist Joe Brusuelas gives an update on the outlook for middle market companies following the UK's planned departure from the European Union. He is interviewed by Simon Hart, Lead Brexit Partner, RSM UK. ... READ MORE >
United Kingdom
RSM Brexit Stress Index rises on uncertain policy path of May government
The RSM Brexit Stress Index increased to 0.71 standard deviations above neutral from 0.55 one week ago, amid continued uncertainty regarding timing of Britain’s departure from the European Union. The factors pushing the index higher were primarily volatility across the foreign exchange ... READ MORE >
The RSM Brexit Stress Index: Brexit’s impact on trade, wealth, business cycle and corporate profit
The prospect of Britain’s departure from the European Union has created uncertainty in the economy and volatility in financial markets. Disruptions to the U.K. supply chain—a system built over decades within a European common market—will ultimately create losses for consumers through higher prices and ... READ MORE >
Uncertainty tax: the catalyst for underperformance in Anglo-American economies
An “uncertainty tax” linked to the economic realities of Brexit developments in the U.K. and trade tensions in the United States is damping overall economic activity in both economies. These issues, which are strongly linked to the breakout of economic populism around the world, are creating conditions ... READ MORE >
Brexit’s impact on currency movement: RSM’s chief economist explores this topic
RSM US Chief Economist Joe Brusuelas discusses the impact of Brexit on the British pound with Simon Hart, RSM UK lead Brexit partner. "I don't think the U.K. can afford to wait," says Brusuelas about the need for a resolution to Britain's impending withdrawal from the European Union. "They need to act ... READ MORE >