Discussion
As above, nothing, it's already priced in.
I think there will be negative / positive movements towards the end of the year, depending on how negotiations seem to be going on "the deal"
I think it will be a massive anti climax especially as we now have more exciting / important news stories popping up.
Brexiters will just go off and get on with life glad that we won't have to hear so much of it on the news, and remainers will go off and start planning the "Rejoin the EU campaign"
I think there will be negative / positive movements towards the end of the year, depending on how negotiations seem to be going on "the deal"
I think it will be a massive anti climax especially as we now have more exciting / important news stories popping up.
Brexiters will just go off and get on with life glad that we won't have to hear so much of it on the news, and remainers will go off and start planning the "Rejoin the EU campaign"
Edited by BlackG7R on Monday 27th January 20:44
rossub said:
Nothing - it’s priced in.
Well to be fair that's what they said before the general election too...More importantly, we are still under the EU cosh, rules, regs, fines etc until December - so if any time is for a wobble, it's then IMHO. Brexit day - which you'd think would be when we check out - seems to be little more than a name.
Simpo Two said:
rossub said:
Nothing - it’s priced in.
Well to be fair that's what they said before the general election too...More importantly, we are still under the EU cosh, rules, regs, fines etc until December - so if any time is for a wobble, it's then IMHO. Brexit day - which you'd think would be when we check out - seems to be little more than a name.
I remember us chatting about it before the election and I predicted that a conservative win would see a further increase, but no more than 5% as the rest was already priced in. As it was we saw a c. 4.5% rise that I recall you doing rather well out of!
With Brexit day there isn't that uncertainty factor as markets know exactly what is going to happen. I am not saying this won't lead to a market rally, but once again much of this is already priced in (in large due to the price rise after the election result.
Also, as you highlight, most of the market reaction if further down the road as more meaningful developments come to light.
It think things may become a bit wobbly in the Eurozone though as it faces the economic reality of loosing one of its largest net contributors and this puts financial pressure on other countries within.
Obviously the uncertainty over future trade relations is a very large factor on both sides this year.
Some things are changing already.
I'm driving to the Republic of Ireland on 18 May. I have done this many, many times over the past (almost) 40 years. For the first time ever, my motor insurance company has told me I will need to apply for an insurance green card to keep my UK insurance valid whilst I am driving in Ireland.
In the past, all you needed to do was notify the insurance company that you were taking your car to Ireland. You did not need any additional documentation.
I'm driving to the Republic of Ireland on 18 May. I have done this many, many times over the past (almost) 40 years. For the first time ever, my motor insurance company has told me I will need to apply for an insurance green card to keep my UK insurance valid whilst I am driving in Ireland.
In the past, all you needed to do was notify the insurance company that you were taking your car to Ireland. You did not need any additional documentation.
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