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Old 29-06-2016, 10:31 PM #15
joeysteele joeysteele is offline
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joeysteele joeysteele is offline
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The markets will settle as long as there is continuity, it is now as secure as it can be, that this Article 50, if it ever gets activated, is not likely to be done until late this year or even not until next year.

The instant action expected has not come about because none of the leave leaders, had any idea how to go about this and had no plan to execute immediately.
Sterling has suffered but it is now clear that it will be years before we are out the EU now.

Also the Bank of England has made available £250billion to help the economy and to stave off any banking crisis.
That gives assurances that short term nothing is to change, so of course that will be reflected in the markets.

Wait until the deals are being negotiated and what hiccups or obstacles then may need to be got over, that is f they can, that is when the real test comes not now, as at this point, nothing has changed other than the vote.

One Swallow does not make a Summer, there is a very long and tricky, obstacle filled road to go down yet, when and if Article 50 is triggered.
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