Good morning, it’s Paul here!
The first couple of sections were posted last night. Today’s news follows below.
Brexit
I’ve tried to avoid commenting on this, as it’s polarised, and political.
I’ve come round to the view that most people (including me) believe what they want to believe. Therefore it’s completely pointless discussing these issues, now that most people have formed fixed positions, largely based on defending how they voted in the Referendum (not in my case though). We’ll just have to see what happens, and most people are talking rubbish, in my view.
Looking through the politics, and engaging our common sense, what is most likely to happen? The bottom line for me, is that the UK is a large net importer of physical goods from the EU. Therefore it is ridiculous to suggest that the EU will try to impede trade. One way or another, trade will continue very much as before, possibly with some short term disruption.
As regards services – companies in the EU don’t use London for their financial services out of the goodness of their hearts. They use London because it’s competitive for their needs. The feared exodus of jobs from London, in preparation for Brexit, simply hasn’t…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
