A Not So Hard Brexit
October 24, 2016 Dennis Gartman is editor and publisher of The Gartman Letter, and strategic advisor of the AdvisorShares Gartman Currency Hedged Gold ETFs (GEUR & GYEN). He regularly contributes to AlphaBaskets and lends his institutional insight to educate advisors and investors about commodities and the forex markets, including about trading gold in different currency terms. We turn our attention to the UK and the EU, noting that Prime Minister May went to her first EU summit meeting last week and appeared prepared to be a bit more conciliatory toward the Continent. As she said, “We still want to trade freely with goods and services with Europe.” Of course she does and she said that knowing full well that to achieve that end result shall require some “give and take” on both sides. She made it clearer, it seems to us, that she wants to back away from a feared “Hard Brexit” as it is referred to, taking the UK’s eventually separation from the EU along a less...
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