4 ms·
Markets are made up of people who can read future events into current prices. The idea that the negative impact of Brexit won't take effect until the final pape
by cloakandswagger 10y ago
Markets are made up of people who can read future events into current prices. The idea that the negative impact of Brexit won't take effect until the final papers are signed doesn't hold water with me
- dragonwriter 10y agoIts not a matter of "the final papers" being signed. The process by which negotiations to produce "the final papers" would begin hasn't been started, and there is only loose speculation as to when it would start. The idea that the negative impact of Brexit would be fully realized while people are still actively discussing why despite the public, but not legally binding, commitments it still might never happen at all, is, well, ludicrous in the extreme.