What could a No Deal Brexit do for the index?



  • @gloryhornet88 also voted brexit and would still have money to stick into the index whichever the scenario. I think people would move some of their money from the banks to other platforms may it be crypto or FI. A no deal brexit could lead to a recession. No great interest rates with banks but look at FI!!!



  • @Vespasian32 I'm inclined to agree, of course, because I too voted Leave because unlike the Liberal Democrats I actually believe in our country....

    HOWEVER. There IS likely to be some short term turmoil IF we leave without a deal, surely? So, what does this mean for the capital flowing into, or out of, the index?



  • It would probably benefit the Index due to people being more inclined to move cash out of industry/retail linked Investments (ISA's etc).



  • @C-Money I like that line of thought...



  • @gloryhornet88 a no deal brexit will likely hit low incomes and poorer communities first. So maybe there are a portion of traders that may have less money to invest and other may pull some funds out through worry, but there are still plenty of big boys going to keep the money flowing. I'm sure we will still see growth.

    Just out of curiosity, if you accept there is a good chance brexit will depress the UK economy, why would you still vote for it?



  • Another who also voted Brexit. 👍

    Our country will do just fine - even if we go with no deal. It will hinder Europe more than us. We have the biggest nation on earth lining up to give us a great deal because he (Trump) wants to see us make a success of Brexit.

    Of course, it has hidden agendas, as he probably wants Europe to fail, but if it helps us - who cares? We stand to benefit from the political games playing out between the States & Europe.

    As for the index? It will do just fine regardless of the deal or no deal.



  • @NewUser303261 said in What could a No Deal Brexit do for the index?:

    @gloryhornet88 a no deal brexit will likely hit low incomes and poorer communities first. So maybe there are a portion of traders that may have less money to invest and other may pull some funds out through worry, but there are still plenty of big boys going to keep the money flowing. I'm sure we will still see growth.

    Just out of curiosity, if you accept there is a good chance brexit will depress the UK economy, why would you still vote for it?

    I think a No Deal would depress the UK economy in the short term because that's basically a verified fact, according to all the analysts whether they're pro or anti brexit. But I remain hopeful of a deal, and ideally we would have left by March 31st with Theresa May's deal, which I was very much in favour of as it would have allowed for all the things that I personally voted for in the referendum (control of our money, laws, borders, and the ability to forge our own new FTAs).



  • @NewUser303261 itl be like the purge, all the unwashed Liberal layabout remainders will just starve to death because all that money and aid from Greece and Italy will cease...



  • @Ericali why do you think trump wants to give us a good deal? Do you think Trump became a billionaire by making deals that were good for the other company?



  • It will mirror real life.
    We will all be poorer, that means less money going in at the bottom end, and only the rich will be fine. No change there then.
    So I would presume that the prices will still rise but will be much slower due to:

    1. Less money going in and
    2. More money getting pulled out to cover things like bills.


  • @NewUser303261 Trump wont give us a good deal, he will dictate what he wants and we will have to bend over and accept it.
    Trump is a massive racist cunt and we have brexiteers falling overthemselves to do a deal with him.



  • @NewUser303261 said in What could a No Deal Brexit do for the index?:

    @Ericali why do you think trump wants to give us a good deal? Do you think Trump became a billionaire by making deals that were good for the other company?

    I don't think - I know. He's said so himself. He's wants to double or maybe even triple the trade between the 2 nations.

    The reason for this, is probably to help bring down the European Union & in doing so, strengthen his hand when negotiating with other European countries.



  • @MrWh1te correct.

    For all his failings as a president he certainly understands leverage in financial negoriations. And the UK leaving in a no deal brexit means we will have zero leverage at the table with Trump, which is what he wants. Certainly doesn't mean we will get a good deal out of it.



  • @Ericali oh. Trump said so. Much make it true then.

    He may want to increase trade, but that won't make it a good deal For is. he's an expert in getting deals that favours himself. And like I already said, we have zero leverage and PM that's already shown he won't stand up to Trump.



  • @NewUser303261
    He is a terrible businessman. The US is heading for a recession and everyone knows it. He himself has said he doesn't care because it will happen after he leaves office.
    We all know how it will go. He will leave, massive recession and he will go around claiming it is because he isn't in charge any more.

    In a growth period he added trillions to the national debt, he has given a tax cut to the rich, the poor are worse off because cost of living is higher than the (tiny) tax cut, he started a trade war that is fucking his country up and he is having to bail out farmers and he has lied over 11,000 times.
    In short, he is a terrible, terrible racist, sexual abusing wanker.

    But look on the bright side, we fucked over our biggest trading partner and can now get chlorinated chicken from the USA.



  • @NewUser303261 said in What could a No Deal Brexit do for the index?:

    @Ericali oh. Trump said so. Much make it true then.

    He may want to increase trade, but that won't make it a good deal For is. he's an expert in getting deals that favours himself. And like I already said, we have zero leverage and PM that's already shown he won't stand up to Trump.

    Your clearly not getting my point.... 🤔

    It's classic divide & conquer technique. By making sure we flourish, it will encourage others in the European Union to leave to.

    Europe want us to fail to send a message to the other nations not to leave their comfort blanket.

    Europe is stronger as a whole against the USA.

    By taking one of the top 3 nations out (alongside Germany & France) & working with them to make their economy flourish he can do more damage to the European Union then he would if he gave us a shitty deal.



  • @Ericali why did he just sign a trade deal with the EU then? 🤔



  • the state of the £, imagine admitting to voting for that.



  • @Moukoko don't start bringing facts into this



  • @Moukoko said in What could a No Deal Brexit do for the index?:

    @Ericali why did he just sign a trade deal with the EU then? 🤔

    He has to trade with Europe - to not do so would be cutting his nose off to spite his face.

    He would be in a stronger position to trade with Europe if it was on its ass economically don't you agree? 🤔


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