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Boris Johnson could spook financial markets in 2020, investors cautioned
Investors - DECEMBER 17, 2019

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Boris Johnson could spook financial markets in 2020, investors cautioned

by Released

Boris Johnson could spook financial markets in 2020 and investors must avoid complacency, warns the CEO of one of the world’s largest independent financial advisory organizations.

The warning from Nigel Green, chief executive and founder of deVere Group, follows the landslide victory for Johnson’s Conservative party in the United Kingdom’s general election last week in which he secured an 80-seat majority, and as stocks rose across Europe on Monday.

The Queen will officially open Parliament on Thursday, outlining her new government's legislative program.

It is expected that the Withdrawal Agreement Bill on leaving the European Union could be put before lawmakers as early as Dec. 20.

Green affirms: “The decisive win for the Conservatives triggered one of the pound’s biggest ever rallies, the FTSE 250 index of U.K. shares climbed by 3.6 percent, and the FTSE 100 rose 1.3 percent. On Monday, European stock markets reached all-time highs. This has b

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