Do you think the restructuring will happen overnight? Don't you think markets take into account expected future outcomes?
The Brexit crash was the beginning. The media told everyone to panic, so everyone sold. Then people realized how irrational that was. Personally, I'm hoping for more liberal-media driven sell offs. They're great opportunities to invest.
The future of the British economy is strong: an educated populace, competitive companies, and a pro-business government. They're going to get a great trade deal with America. They're going to do better than ever before having thrown off the beaurocrats in Brussels.
In response to dragonwriter below (I'm rate-limited):
In two years time is when the tariffs would kick in overnight in the absence of a deal. No company is stupid enough to wait that long to adjust their operations.
> Do you think the restructuring will happen overnight?
No, so actual consequences of leaving will take significant time to be clear after the exit, not be immediately apparent the day Britain finally leaves the EU.
(Which rather reinforces the point that they won't be clear long before Britain leaves the EU.)
> Don't you think markets take into account expected future outcomes?
Yes, but that's just another set of predictions, not actual counterevidence to any conflicting set of predictions.
The Brexit crash was the beginning. The media told everyone to panic, so everyone sold. Then people realized how irrational that was. Personally, I'm hoping for more liberal-media driven sell offs. They're great opportunities to invest.
The future of the British economy is strong: an educated populace, competitive companies, and a pro-business government. They're going to get a great trade deal with America. They're going to do better than ever before having thrown off the beaurocrats in Brussels.
In response to dragonwriter below (I'm rate-limited):
In two years time is when the tariffs would kick in overnight in the absence of a deal. No company is stupid enough to wait that long to adjust their operations.