Global Perspectives: Brexit: Tell Me What You Want
Get link
Facebook
Twitter
Pinterest
Email
Other Apps
Weekly commentary on international finance and economics including global events and how world issues affect our domestic issues.
Brexit: Tell Me What You Want
Share this story:
The UK Parliament took a vote on Brexit this week and the outcome was a complete flop for British Prime Minister Theresa May. The British Members of Parliament soundly rejected the deal, 432 to 202, resulting in the largest defeat for a Prime Minister in history.
With fewer than 80 days left until the Brexit deadline, it's quite alarming that the UK still cannot agree on what kind of a deal it wants. The biggest point of contention at this stage is something called the "Irish backstop" - something that was not even mentioned at the time of the Brexit vote in 2016.
Some background: The Good Friday Agreement in 1998 ended a bloody history of thousands of deaths between Northern Ireland (which is part of the UK) and the Republic of Ireland (which is part of the EU).
Want to learn more about international finance, economics, and global events? Sign up for our other Foreign Exchange emails and videos!
Follow City National Bank on social media:
Investment and Insurance Products:
•
Are Not insured by the FDIC or any other federal government agency
•
Are Not deposits of or guaranteed by a Bank or any Bank Affiliate
•
May Lose Value
This report is for general information and education only and was compiled from data and sources believed to be reliable. City National Bank does not warrant that it is accurate or complete. Opinions expressed and estimates or projections given are those of the authors as of the date of the report with no obligation to update or notify of inaccuracy or change. This report is not a recommendation or an offer or solicitation to buy or sell any financial instrument discussed. It is not specific investment advice. Financial instruments discussed may not be suitable for the reader. Readers must make independent investment decisions based on their own investment objectives and financial situations. Prices and financial instruments discussed are subject to change without notice. Instruments denominated in a foreign currency are subject to exchange rate and other risks. The Bank (and its clients or associated persons) may engage in transactions inconsistent with this report and may buy from or sell to clients or others the financial instruments discussed on a principal basis. Past performance is not an indication of future results. This report may not be reproduced, distributed or further published by any person without the written consent of City National Bank. Please cite source when quoting.
Tune in for a guide to ETFs and investing strategies for potential long-term success. View in a browser Fidelity Fidelity Log in Creating a portfolio with ETFs: Why and how Creating a portfolio with ETFs: Why and how
View this email in your browser Want to watch a recording of yesterday's Simply Successful Investing Webinar. Just click here and use passcode 5q59Z&3M.
Exclusive webinar: The market, my portfolio, and options. Exclusive webinar: The market, my portfolio, and options. View in a browser Fidelity Fidelity Log in The market, my portfolio, and options The market, my portfolio, and options
Comments
Post a Comment