Brexit traps UK stocks in Hotel California

Irish Times | Oct 21, 2019 at 11:42 AM
  • Brexit is no easier to write about than to invest around.
  • When put in dollar terms, the UK-listed domestic basket is 17 per cent cheaper than on referendum polling day and the exporters have become 7 per cent more expensive.
  • Through the summer, the growing risk of no-deal pushed the discount given to UK domestics relative to exporters as wide as 45 per cent.