Wyn Thomas - Axys Investment Management

Weekly Market Update 4th November 2016

STERLING JUMPS ON HIGH COURTS DECISION

This week any hopes of finding something different to talk about were cruelly dashed when the high court ruled that the government couldn’t trigger

article 50 without first running it by parliament. This seems reasonable; the country has decided to leave the EU, but any plan to do so must be at least

partly thought through and not something Boris Johnson scribbled on a napkin. It seems even our parliamentarians should be capable of setting that

bar. This is apparently not what people voted for according to the usual suspects – although we don’t recall appointing Theresa May supreme leader

being on the ballot. Read More….