my economics training on a micro level is rusty, but it is obvious on a macro level that Brexit is good for England. they might be able to fool some people but not the big money. to make the Pound fall theyre gonna have to do some major world class market manipulation. but even that will only work short term.
what are your thoughts?
I was thinking that the chicken littles’ of the market would engage in a mass sell-off based purely upon fear of the unknown. Markets react irrational to this type of stuff. It’s not like England just elected a communist government that is going to revalue the Pound and start seizing private industries. The EU needs the UK more than the UK needs the EU. Trust me, the Pound will be fine. Go long on it and take advantage of all of the chicken littles out there.