Our head of multi-asset investments, David Coombs, gazes into his crystal ball as he prepares for 2018

Our head of multi-asset investments, David Coombs, gazes into his crystal ball as he prepares for 2019.

Almost two hours late and on his third pair of trousers, our head of multi-asset investments, David Coombs, isn’t in the mood for half-baked equivocations by UK company managers.

Investors are galloping from one extreme to the other in all sorts of markets. But nothing is black and white, warns chief investment officer Julian Chillingworth, so investors should try to focus on the longer term effects and ignore short-term craziness.

This election result – a vote for Brexit and against socialism – is just as seismic as the referendum, argues head of multi-asset investments David Coombs. But CEOS can’t relax, capitalism has to change to survive.

Myth 1: restricting migrants from the EU will lead to better prospects for UK workers

Myth 2: The UK's trade balance will collapse if we withdraw from the EU.

Myth 3 - Swiss financial services have thrived outside of the EU: this could be a model for the UK.

Myth 4: The UK's budget balance would improve substantially if we leave the EU.

Myth 5: foreign investors will withdraw from the UK if it leaves the EU.

Brexit is inching closer to resolution. We update our decision tree to help investors assess the possible paths forward.

What would a Martian think of the Brexit argument – or the Hammersmith & City line for that matter? David Coombs, our head of multi-asset investments, explains his thinking as Boris Johnson takes power in the UK.