[Zero] Unfortunately... I suppose I should comment about the B word. I shall start by admitting ‐ like everyone else - I really don’t have a clue where we’re go from here. The political maths doesn’t work. There are no apparent solutions. There are multiple scenarios to game ‐ but none of them seem to lead anywhere positive.. The only thing I’m completely sure of: tomorrow, as MPs finally vote on the UK/EU divorce bill, we will hear lots of UK politicians spouting pointless blustering pompous nonsense moving us forward not a jot.But, I also sniff great market opportunity. If you could afford to magically remove all UK chips from the table, you probably would... But you can’t. Where else would you invest? If you think British politics is crazy... tell me where isn’t? Yep, better to spread your bets across a globe of dysfunctional politics ‐ for that is the reality of the new Trumpist populist age.
The second issue for UK Inc is more fundamental. Alongside our bafflement at the amateur blundering ineptitude of the UK political system leading us to this place of befuddlement, I can’t help but wonder if we’re missing some fundamental positives about UK Inc, that the pros and cons of Brexit have been massively overexaggerated, and this is the time to buying? What if things are NOT really so fundamentally hopeless and bad as the hyped-up political rhetoric and verbiage suggests? What if Brexit isn’t so bad, or a good compromise can be found?
In the next few days I think I can confidently predict a complete and utter clusterf**k in parliament, the absolute disintegration of political common sense, unprecedented journalistic hyperbole, and profound disbelief across the economy. Confidence will collapse, the tinned goods shelves at the supermarkets will be empty. End of the world.. again.
It will be the perfect moment to scoop up UK Inc.