Brexit

The UK’s Brexit negotiating hand is stronger than you think

The UK’s Brexit negotiating hand is stronger than you think

5 mins. to read

Don’t tell ze Britisch but ve really need zem… In a recent reflection on what central bankers get up to when they meet together for some rest and recreation, I attempted to explain what TARGET2 is. This is the settlements system that, since 1999, has facilitated payments between the various Eurozone countries’ internal settlement platforms.…

Remainiacs will talk us into recession if we let them
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Remainiacs will talk us into recession if we let them

8 mins. to read

The remainiacs control the media Do not underestimate the breadth and depth of the recusant remainiacs. Their mouthpieces are the BBC, the Economist and the increasingly ludicrous Financial Times. But they have extensive influence propagated by Church of England vicars, luvvies, much of the teaching profession as well as trendy entrepreneurs and a throng of…

Jim Mellon’s Brexit Playbook

Jim Mellon’s Brexit Playbook

4 mins. to read

This is a piece written by Jim for our friends at the Milken Institute, who were generous enough to allow us to reproduce it here.  Two weeks ago, I pulled my first all-nighter since I was 18. The news that the side I supported—those urging the United Kingdom to leave the European Union—had won the…

The Global Funds Least Exposed to Brexit

The Global Funds Least Exposed to Brexit

3 mins. to read

There have been some massive winners and losers since the result of the EU referendum was announced on June 24th. The main casualties have been UK-listed companies exposed to the domestic economy and their European counterparts, with the biggest beneficiaries being international businesses with dollar denominated earnings. It is highly likely that the political and…

Better ‘Hedgit’ than ‘Losit’ on Brexit

Better ‘Hedgit’ than ‘Losit’ on Brexit

6 mins. to read

“What we should grasp, however, from the lessons of European history is that, first, there is nothing necessarily benevolent about programmes of European integration; second, the desire to achieve grand utopian plans often poses a grave threat to freedom; and third, European unity has been tried before, and the outcome was far from happy.” –…

When Clouds Part

When Clouds Part

5 mins. to read

About 20 years ago, I was descending a Monro (mountain) in Scotland – Beinn Bheigeir on Islay, to be precise – leading two beautiful young people back to the sea. (My niece and nephew: the girl is now an academic in Switzerland and the boy is in private equity.) And, as it can do there,…

In the Cold Light of Dawn

In the Cold Light of Dawn

4 mins. to read

Gosh. Have I missed something? I hate it when Swen prods me like that when I’m fast asleep in my favourite comfy chair. Did you say we’ve voted out? Told you so. It was when I was having lunch with Evil about a month ago that I started getting vibes. We discussed the bookies odds…

This Referendum Is about Governance

This Referendum Is about Governance

5 mins. to read

By Alex Story of Leave.EU The key question in this referendum is: Does the UK wish to be free or not? Amidst the noise that has been generated by the referendum to either remain or leave the European Union, much of the discussion seems to have revolved around derivatives issues, in particular growth and border…

Brexit for Dummies

Brexit for Dummies

7 mins. to read

A missive through the letterbox from Jezza & Co. I had supposed that Mr Corbyn had gone on holiday, so little have I heard from him during the referendum campaign (and at his age, that would have been quite understandable). But no, the Labour Party has been up all night producing killer arguments for –…