While 2016 was the year the unlikely became real, currency investors enter 2017 no better equipped to tell the difference between reality and illusion.
Brexit and Trump made a mockery of assumptions, shredded investors’ best-laid plans and turned political risk analysts into the most in-demand advisers of the year.
The two big themes of 2016 will feel palpable during the first quarter of 2017. Donald Trump takes the oath of office to become US president on January 20. By March’s end, UK prime minister Theresa May will have sent to the EU the letter that triggers the UK’s formal divorce proceedings, and revealed some element of her negotiating hand.
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