Brexit clarity will release pent-up demand for UK assets

Despite two years passing since the Brexit referendum, we are still some way from knowing how the UK's relationship with the European Union (EU) will evolve in the next few months and years.

It is still conceivable the UK can end anywhere from, at one extreme, remaining in the EU or with BRINO ("Brexit in name only"), or at the other extreme, the hardest of Brexits and a move to World Trade Organisation tariff structures. As an equity investor, it is important to understand how these scenarios may affect the prospects for UK-quoted companies and their share prices. Surprisingly, perhaps, the impact of a hard Brexit may not be as that bad for the UK stockmarket.  Brexit blog: EU increases plans for no-deal following Corbyn speech The market hates uncertainty and the B...