Bonus Quote of the Day: No Bluffing on Brexit? maybe…

Stocks spiked to the highs they’re presently holding this morning on this headline:


Hmm…. thinking about my earlier post regarding Germany encouraging the rest of the EU to allow the UK to crash out without a trade deal — while indeed Germany’s economy is presently not something to write home about — this very well could be Merkel and co. positioning for that outcome.

Again, if we’re looking at a hard Brexit, we’re looking at some serious market (and economic) volatility. Germany clearly gets that…

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