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So Brexit is a done deal, how are you going to cope?
It's going to depend on the GOP's Border Adjusted Tax (BAT) plan vs. targeted import tariffs (Trump's preference). If they push through the BAT then, in theory, the USD will appreciate massively, by around 15-20% (i.e. about as much as the CT cut). At the same time, the markets are increasingly worried by Trump's rhetoric. He clearly hasn't calmed down, post election.
The Euro looks over-valued to me, even against Sterling Sterling has a lot of negativity baked in at this point, so the upside is far greater than the downside, but there's clearly some downside in a WTO scenario (1.05-1.1 vs. USD IMO).
He is so special.
1. He is a joke candidate
2. He will calm down when he wins the nomination
3. He will calm down now he has won the election
4. He will calm down when he is inaugurated
5. Oh dear (TM)
Sterling has a lot of negativity baked in at this point, so the upside is far greater than the downside...
Yeah because the UK is a strong and viable economy that hasn't relied on QE and record borrowing at all, and is renowned for its export prowess, high productivity, excellent education of the masses and gigantic surpluses. And is about to gain a massive trading partner.
Yeah because the UK is a strong and viable economy that hasn't relied on QE and record borrowing at all, and is renowned for its export prowess, high productivity, excellent education of the masses and gigantic surpluses. And is about to gain a massive trading partner.
I can sense your skepticism
However, I think it's quite clear from the response to May's speech (largest one day rise in Cable since 2008) that some form of hard-Brexit is baked in and that Sterling is now range-bound to slightly positive until one of us turns out to be correct.
However, I think it's quite clear from the response to May's speech (largest one day rise in Cable since 2008) that some form of hard-Brexit is baked in and that Sterling is now range-bound to slightly positive until one of us turns out to be correct.
I have started learning German and will continue to do so.
I have learned that the best thing the UK has to offer is its Language which allows alternative opinions considering there are so many people globally speaking it vs more local languages even German which turn out to be very local culture specific with very narrow mainstream media sourced opinions and thoughts. Basically a hit on my intelligence.
So yes the Language is the biggest asset but now the UK is not EU. It is like Canada or Australia.. Mhee
I have started learning German and will continue to do so.
I have learned that the best thing the UK has to offer is its Language which allows alternative opinions considering there are so many people globally speaking it vs more local languages even German which turn out to be very local culture specific with very narrow mainstream media sourced opinions and thoughts. Basically a hit on my intelligence.
So yes the Language is the biggest asset but now the UK is not EU. It is like Canada or Australia.. Mhee
Feck off.
"You’re just a bad memory who doesn’t know when to go away" JR
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