Brexit: What a mess! - Panmure Gordon
Panmure Gordon Senior Market Commentator David Buik talks about the Friday’s UK election debacle and what it means for the UK and the EU. The segment is hosted by Tip TV Presenter Zak Mir.
Key points
Hard Brexit isn’t pragmatic; the mandate for Hard Brexit isn’t there now
An olive branch should be immediately handed out - David Davis agrees that 3 million EU immigrants should be allowed to stay and that the million UK passport holders should be allowed to remain in the EU without delay
The lack of investment in the UK is a bigger problem
EU is in a much stronger position, but still has got problems of its own
#Brexit, #UK, #politics, #macro, #markets, #trading, #investing, #fundamentals