Big investment houses warn of inequality risk after Brexit
by Katie Allen from on (#1JJJH)
Bank of America and Pimco tell clients that gulf between rich and poor could spark further anti-establishment backlash
Britain's historic vote to leave the EU has prompted some of the world's most powerful investment houses to turn their focus to inequality.
Bank of America and the international investment firm Pimco have warned their clients that the gulf between rich and poor could spark a further anti-establishment backlash.
Related: Austerity is the cause of our economic woes. It's nothing to do with the EU | Mariana Mazzucato
Related: Brussels rejects Boris Johnson 'pipe dream' over single market access
Continue reading...