U.K. Market Ripe For Takeover

The U.K. market is in the middle of its customary summer lull. The “sell in May and go away” meme still holds true in the U.K., where the ruling classes in effect mirror the public school holiday timetable and enter a period of “skiving off.” This means things go very quiet. The world does not stop turning of course, but the rotation of the city of London definitely slows, which can’t be helpful in the post-Brexit world where the city is doing a very good impression of a financial center in steep decline.

All is not lost of course, yet.