Steve was street savvy, but he was not the smartest knife in the drawer, which makes his Delphic comment to Robert Vaughn all the more surprising. What Steve was saying is that “it’s not over yet”; that there is still a lot more to come (sadly for McQueen, who died in 1980 aged 50, it was a future that was not his). The same is true of Brexit and the collateral undulations that it has riven in the UK Housebuilding Sector. Immediately post-the-Brexit-vote, the UK Housebuilding Sector tanked 36% in value in two trading days (24 and 27 June with a weekend in between); and at one stage was off almost 40%.

11 Oct 2016
UK Housebuilding Sector: Q3 2016 - “I am Steve McQueen”
Taylor Wimpey plc (TW:LON), 113 | Berkeley Group Holdings plc (BKG:LON), 3,629 | Persimmon Plc (PSN:LON), 1,179 | Barratt Redrow plc (BTRW:LON), 428 | MJ Gleeson PLC (GLE:LON), 470

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UK Housebuilding Sector: Q3 2016 - “I am Steve McQueen”
Taylor Wimpey plc (TW:LON), 113 | Berkeley Group Holdings plc (BKG:LON), 3,629 | Persimmon Plc (PSN:LON), 1,179 | Barratt Redrow plc (BTRW:LON), 428 | MJ Gleeson PLC (GLE:LON), 470
- Published:
11 Oct 2016 -
Author:
Tony Williams -
Pages:
28 -
Steve was street savvy, but he was not the smartest knife in the drawer, which makes his Delphic comment to Robert Vaughn all the more surprising. What Steve was saying is that “it’s not over yet”; that there is still a lot more to come (sadly for McQueen, who died in 1980 aged 50, it was a future that was not his). The same is true of Brexit and the collateral undulations that it has riven in the UK Housebuilding Sector. Immediately post-the-Brexit-vote, the UK Housebuilding Sector tanked 36% in value in two trading days (24 and 27 June with a weekend in between); and at one stage was off almost 40%.