After a year of upheaval, private equity and venture capital dealmaking ended last year on a strong note in the European Union and the U.K., and that momentum is poised to continue. … READ MORE >
EU
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 needed in the UK economy, which has been stuck near a one-percent growth trend. … READ MORE >