Wyn Thomas - Axys Investment Management

Weekly Market Update 1st December 2017

BREXIT “BREAKTHROUGH”, BITCOIN AND BALLISTICS

This week we finally learned what the government’s real Brexit strategy is; bluster for as long as possible before giving in and agreeing to everything
at the last minute. The terms of the divorce bill, that was apparently agreed this week, sound a lot like the EU’s starting position and doesn’t suggest
David Davis has negotiated much more over the last six months than a delay. This was always somewhat inevitable – it is vital to get a transition deal
because it will be impossible to adequately prepare for life on the outside in the time available. The EU knows this, the UK knows this and the EU knows
that the UK knows this. Read more…