Brexit Is Back: The Endgame For Investors

The risk of a hard “no-deal” Brexit at the end of this year rose last week, weighing on U.K stocks and the British pound, and pushing U.K. monetary policy rate expectations into negative territory. But, as the Brexit battle moves to the endgame, there may be potential opportunity for investors. The current flare up is fueled by U.K. legislation that would change key elements of the Brexit Withdrawal Agreement including subsidies and Northern Ireland trade that apply if a free trade deal is not reached. This is threatening to derail trade talks that must be finalized within a month. The complex issues at stake are … (full story)

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