Forget A Grexit; What About A Brexit?

A new report by UBS analyst David Tinsley explored the possibility of a U.K. exit from the eurozone. Tinsley believes that a referendum on a U.K. “Brexit” could come as soon as 2016.

Timing

According to the report, the most likely timing of a referendum would be October 2016. “The time for the market to start preparing for this is now, given it could have a potentially significant impact on asset prices and volatility, not to mention the real economy,” Tinsley cautioned.

Outlook

UBS sees…

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