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Understanding the Brexit Quandary

February 11, 2019 : Permanent Link

(Harvest) How should an investor position for Brexit? As the end-March deadline approaches for the U.K. to leave the European Union with or without a “withdrawal agreement,” markets have been increasingly on edge. There doesn’t seem to be any way for the U.K. to disentangle a Gordian knot whose ends are tied in Brussels and Ireland, and exit the common market while retaining favorable access to it.

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