Monday 27 February 2017

Investors shouldn't dismiss this as storm in a teacup

Thomas Molloy

Thomas Molloy

The Irish Stock Exchange in Dublin
The Irish Stock Exchange in Dublin

European markets seemed remarkably unperturbed by Friday's elections. The support for Independents and extremists evident in almost every corner of the continent has done nothing to shake investors' belief that Europe is on the mend.

Anybody looking at trading on the Dublin stock exchange rather than the news would have been completely unaware that we lost an austerity-supporting Tanaiste yesterday and gained several hundred elected representatives who have a mandate to reverse austerity policies.

Among Dublin's small stockbroking fraternity, only Goodbody's Dermot O'Leary deemed the elections worthy of any comment in his morning note yesterday.

Please sign in or register with for free access to Opinions.

Sign In

Read More

Don't Miss

Editor's Choice