Why We Should Still Be Worried About Brexit’s Impact

Some statistics matter more than others — especially in an economy being driven by central bankers rather than politicians. That’s my takeaway from the raft of conflicting data coming out of the U.K. post-Brexit.

The Bank of England surveys are telling us that the British economy has weathered the storm of the last two weeks, and that a majority of U.K. firms questioned had no plans to shift hiring or investments based on the decision to leave the European Union.