(Bloomberg) Crispin Odey, whose main hedge fund has lost about 43 percent this year, says U.K. stocks could slump 80 percent as the economy is roiled by a recession and higher inflation following the vote to leave the European Union.
Shares will come under pressure after the FTSE 100 share index climbed 30 percent over five years even as earnings fell by 80 percent.
Hedge Fund Manager Odey Says U.K. Stocks Could Plummet 80%
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