Pump and Dump or Real Recovery., page-6

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arja

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11/10/19

18:56

Post #: 40844008
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Originally posted by allosir: ↑

I think there's a lot of volatility because British politics surrounding Brexit are in the midst of a real soap opera, with signs of a deal and then signs of no deal swininging back and forth, speculation changes almost daily on what the outcome is going to be, some pieces of news are considered more momentous, like the Irish PM making positive noises but they can turn around and come to nothing within a few days.

There's a lot of concern that if no deal happens it will push the UK into a recession, that it will spark a lot of job losses so there would be thoughts that no deal could increase default rates on lending and also negatively effect the housing mkt, demand for mortgages etc etc so once Brexit resolves one way or another there may be a dip (if it's a no deal) and then a recovery. People are simply taking bets at this stage on likely outcomes today a lot more people were betting it ends with a deal

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no quick recovery if there is NO DEAL as it will take many years before new trade deals are negotiated , maybe even 10 or more .
EU has over 40 trade deals I think negotiated over many years and of course UK is part of this as a member. If UK leaves the EU with
no deal , it is on it's own and can not benefit . People indoctrinated by the right wing rags ( about 70% of Uk papers owned by BILLIONAIRES who
profit from brexit) plus racists and xenophobes voted for brexit and these are the people who will lose their jobs if brexit happens , Nissan is a recent example .

CYB Price at posting: $2.15 Sentiment: Hold Disclosure: Not Held
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Pump and Dump or Real Recovery., page-6

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