Wyn Thomas - Axys Investment Management

Weekly Market Commentary 30th August 2019

BORIS MOVES TO SUSPEND PARLIAMENT

As we march towards the Brexit deadline, Prime Minister Boris Johnson has decided to play his hand and take an unprecedented step by attempting to suspend parliament for five weeks. Much like in football when a team holds the ball close to the corner flag, Boris Johnson is simply running down the clock. By muzzling Parliament, he is either confident that the opposition is weak enough not to oust him and form a replacement government, or if they do, he will play the role of the conductor, championing the will of the people in the ensuing general election. Read more…