Quote:
Originally Posted by MTVN
The FTSE has held up remarkably well but its obvious that overall the economy has been hit by Brexit. The pound is at its lowest level since the crash, interest rates have had to be cut, growth forecasts have been downgraded and the BoE has said that there are signs that there is a shock setting into our economy.
It might be true that we have not suffered as much as many feared (yet) but its obviously nonsense to say that the EU vote has helped the economy
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Spot on, the real test will come when and if article 50 is triggered and then there is a time clock ticking.
A lot of those voting believed, on both sides, that article 50 would be triggered quickly, now it is clear it will not be until 2017 at the earliest,if even then.