The RSM Brexit Stress Index eased this week, as global equity markets pushed higher on news of a rapprochement among the parties in the U.S.-China trade war and anticipation of an interest rate cut by the Federal Reserve. The composite index—which measures economic stress surrounding Britain’s ... READ MORE >
Brexit
The RSM Brexit Stress Index: Lower highs and lower lows
The RSM Brexit Stress Index closed slightly higher this week, as political talk centers on whether Boris Johnson, the Conservative Party front runner favored to take over as U.K. Prime Minister, can make good on his promise of removing Britain from the European Union with or without a deal. The index ... READ MORE >
The RSM Brexit Stress Index: A respite, but for how long?
The RSM Brexit Stress Index closed lower for the third week in a row, as the British economy contends with an uncertain political future nearly a month after Prime Minister Theresa May’s announced resignation. The composite index—which measures economic stress surrounding Britain’s pending departure ... READ MORE >
The RSM Brexit Stress Index–Assessing the political damage
The RSM Brexit Stress Index closed lower for the second week in a row, following the resignation of Prime Minster Theresa May last month and an uncertain political future for the U.K. The composite index—which measures economic uncertainty surrounding Britain’s departure from the European ... READ MORE >
RSM Brexit Stress Index eases amid May’s departure
The RSM Brexit Stress Index closed at 0.42 on Friday, moderating from 0.60 at the end of last week, as Prime Minister Theresa May officially exits her post at Tory leader. The composite index—which measures economic uncertainty surrounding Britain’s pending departure from the European Union—remains ... 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: 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 >
Brexit and the middle market: What comes next?
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 >