Pump and Dump or Real Recovery., page-9

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sircorp

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11/10/19

21:01

Post #: 40845671
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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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My guts feeling is deal or not deal, UK will walk away from EU. Also 90% of all trades are already under free trade only Luxury Items will get affected which have little or not effect on UK and EU relationship
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Chance of EU weakening and GBP strengthening are very high.

CYB Price at posting: $2.15 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Pump and Dump or Real Recovery., page-9

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