The exchange is getting hammered, as expected, as equities are extremely liquid and the first thing that gets sold off during times of uncertainty/volatility.
I think a more interesting metric will be the price of land in London and the change in the rate of flows in/out of the property market in the coming weeks. Less liquid, less prone to volatility, more indicative of long-term economic trends for the city.
I think a more interesting metric will be the price of land in London and the change in the rate of flows in/out of the property market in the coming weeks. Less liquid, less prone to volatility, more indicative of long-term economic trends for the city.