We are told a no deal Brexit will be fabulous for our country. Why then is the pound continuing to tank and our stock market plummeting? Markets don’t get these things wrong.
Odd given my shares are in uk housebuilding and pharmaceuticals and have done very well over the last few years. Labour printing 400bln hardly helps.
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Key word = Past. We were wealthy once. The pound was worth something until recently
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Currency strength is not a function of economic wellbeing. It is a function of money supply and bond yields.
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