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The United Kingdom has a new prime minister – Boris Johnson.
He's undoubtedly a controversial figure at a time when the UK is teetering on the edge of outright upheaval over its "Brexit" departure from the European Union.
Now, the UK is 3,600 miles across the Atlantic from Washington, D.C. Plenty of Americans would be hard-pressed to pick Boris Johnson out of a crowd; they might be even more hard-pressed to care about what's happening in Britain.
That would be a mistake – an expensive one.
The UK is the world's fifth- or sixth-largest economy, depending on how you want to measure it. It's a critically important NATO and European ally. The cultural ties are important, sure, though for investors, they're not quite as important as the business and financial links, or the $262.3 billion worth of trade our two countries conduct in any given year.
Just because it's cliché to say "When one sneezes, the other gets a cold," doesn't mean it's not true.
So let me walk you through the big changes underway across the pond right now – and the even bigger changes that could rock markets in short order.
And to make sure you're in the best possible position, I'll name a steeply discounted stock that puts cold, hard cash in your pocket…
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.
you must be of irish decent or deluded Ireland depends on N.I / UK or it faces financial ruin Ryanair for your american readers is not the best loved airline look at it's track record their prime minister was told by the EU to wind his neck in a while ago because of his wildly outrages comments but don't my word for the above do your homework you might fined Ireland has no crock of gold