Post by dan1 on Jan 25, 2020 10:46:00 GMT
www.reuters.com/article/us-europe-funds-debt/investors-build-war-chests-to-buy-bonds-of-distressed-european-companies-idUSKBN1ZN1JJ
"Recent examples of such plays include Israel’s Teva Pharmaceutical (TEVA.TA), Britain’s Jaguar Land Rover and French supermarket chain Casino (CASP.PA), all of which found themselves in difficult situations earlier last year before rebounding and raising fresh debt."
Hard/Alt right Brexit not being tied to EU rules/rights/regulations must spell the end for pan-EU JIT reliant industries. The automative and aerospace industries are particularly at risk and will face the same fate as the coal industry in the eighties under Thatcher. To transform the economy into a free market based one will incur casualties along the way to opening up new opportunities. No pain no gain I guess. Invest in UK automative industries at your peril.