Wyn Thomas - Axys Investment Management

Weekly Market Commentary 16th November 2018

BREXIT DEBATE INTENSIFIES
This week the inevitable clash between Brexiteers and reality came to pass as Theresa May finally unveiled the Brexit deal. The basic facts are that
hard Brexit is too economically destructive to be a genuine option, while any compromises to minimise that harm will leave us subject to EU rules
without having a say on them. As was always the case there is no middle ground. Where we go from here is unclear, although we suspect most MPs will
conclude a bad deal is better than no deal after all. Read more…