WHAT HAPPENS TO INDEXES IF THE BILL FOR BREXIT NEVER PASSES
This is a really long shot to aim for, but, why not.
What if, soon, the United Kingdom (and the rest of the world) realize that Parliament will not pass the bill for Brexit?
It could be the perfect pretext for all indexes to break their precedent long term resistances, in other words,
UK100
,
GER30
,
SPX
and
NDAQ
will possibly reach new highs before the end of the year.
What's certain, is that there is a lot more fear coming from a potential collapse of the financial markets, or from the collapse of country's banking systems, than there is from political adjustments in the EU, as the graph shows comparing the 2008 sell off to more recent ones.
What if, soon, the United Kingdom (and the rest of the world) realize that Parliament will not pass the bill for Brexit?
It could be the perfect pretext for all indexes to break their precedent long term resistances, in other words,
UK100
,
GER30
,
SPX
and
NDAQ
will possibly reach new highs before the end of the year. What's certain, is that there is a lot more fear coming from a potential collapse of the financial markets, or from the collapse of country's banking systems, than there is from political adjustments in the EU, as the graph shows comparing the 2008 sell off to more recent ones.