Markets Continue Their Rebound

April 18, 2019

The big news this month is that BREXIT has been delayed! With proposal after proposal being shut down, Britain has decided to delay their infamous BREXIT, with approval from the EU as expected. We did predict this as the most likely scenario for the two sides as no progress was being made and a hard BREXIT is not a good scenario for anyone. This temporary solution is valid until the 14th of April and we would imagine this will get pushed back once again as there isn’t a viable deal currently out there. While this was once thought to be a big change in the economic landscape of Europe, companies have spent the last two years adjusting and preparing for a hard BREXIT, so a middle ground solution may actually be very positive for the market.

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