Wyn Thomas - Axys Investment Management

Weekly Market Commentary 7th December 2018

IS THIS THE END OF THE ROAD FOR THERESA MAY?

This week we return to two old favourites, Brexit and Trump. The Brexit deal is currently being debated in parliament, with a final vote on whether to
take it scheduled for the 11th. It has been a blood bath. On the opening day the government suffered three defeats and has almost surrendered control
entirely. This pantomime of national humiliation shows no signs of ending either. The deal is almost certainly going to be voted down and what happens
next is unknown, but very likely includes some sort of delay or extension while we try to sort ourselves out. There are many predicting Theresa May will
resign, but we’re not so sure. If defeat and failure were all it takes, she’d be gone already. Read more…