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Brexit means Brexshit!

Confused? You certainly should be as the political game of betrayal over Brexit reaches its denouement. In the very short term, markets (both fx and equity) are unfazed by the ‘deal’ being foisted on them, as they have already been softened up by the project fear propaganda – ‘any deal is better than no deal’. […]

UK election result – ‘hard brexit’ no less likely

So what now? The nightmare scenario, whereby Labour could form a Government looks unlikely. With 317 out of the 648 seats (of the 650 seats total) now counted, the Tories are clearly short of an overall majority, but with their historic allies, the DUP with 10 seats they can just scrape through, particularly should Sinn […]

UK election special – Theresa May, or perhaps not!

Oh Theresa, why oh why? Was it personal ambition and vanity that led you to risk an overall party majority for what YouGov is now projecting will be another hung Parliament, including the possibility of a Labour led administration? And this would not be the Labour of Blair or Brown, but a return to the […]

When you need to believe the ‘crazies’ are in control

Management by chaos . Did anyone seriously believe that Trump would be able to get his ambitious stimulus plan through Congress if the economy was chugging along nicely as Yellen was continuing to portray? It was almost as implausible as expecting the EU to offer a painless Brexit for the UK while they remain convinced we […]

Boris bounced from leadership race, but not buried

What was Michael Gove thinking when he knifed Boris? The man freely admits to having “no charisma”, yet having already dumped his previous friend ‘Dave’ Cameron, now thought he could also betray the man who had acted as torchbearer for the Leave campaign. Perhaps someone had whispered “Thane of Cawdor in his ear”. While Boris’s […]