• BCMstrategy, Inc.

QOTD -- Brexit

The sixth round of negotiations between the European Union and the United Kingdom ended today. An agreement seems farther out of reach than ever. Fiery rhetoric has been supplanted by a hard reality:

Policymakers in London are unlikely to bend on precisely the issues identified above by M. Barnier. The independence to determine domestic laws without compromising due to pressure from continental Europe is at the core of the British government's commitment to Brexit.

Policymakers in London likely retort that the World Trade Organization (WTO) rules provide sufficient protection regarding the competitive issues raised above by M. Barnier. A "hard" Brexit backstopped by WTO rules on 1 January 2021 remains the most likely outcome.

Learn more about the Brexit back story.


This insight was discovered today using the PolicyScope Platform which is available to professional investors, strategists and advocates on a subscription basis. Daily analysis of platform data is available to individual subscribers through the PolicyScope Risk Monitor. Subscribe today.

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