Investors: Everybody and Outcome

investors: One might say the market's gentle to-and-fro is exactly what you'd expect, according to The Guardian. Investors are as confused as everybody else about the eventual outcome. Sterling fell a little on Monday morning but the instinct to celebrate anything that looks like progress towards an agreed deal returned in the afternoon when Michel Barnier, the EU's chief negotiator, was reported to have said the main elements of an exit treaty are ready. And so they cling to the idea, which has been the consensus opinion for about a year, that some form of grand fudge will prevail in the end and that an orderly Brexit will happen next March. For a start, the odds on a chaotic no-deal exit should be shorter. Yet, if you believe the parliamentary arithmetic is against May, investors should be pricing up alternative outcomes right now. (news.financializer.com). As reported in the news.