Going against the grain: Is Brexit pessimism creating a serious UK equity buying opportunity?

Brexit-proof companies

The date of Britain's departure from the EU may have been pushed back by several weeks, but serious questions remain around the status of UK businesses moving forward.

Among the political toing and froing and major public calls for a second vote, the cloud of pessimism that has surrounded UK equities since the 2016 referendum is refusing to budge. Indeed, both firms and investors seem to be holding off on making any decisions around the UK until they know what's happening. This has hardly been helped by third parties such as Fitch threatening to cut Britain's credit rating under a no-deal Brexit and Bernstein calling UK stocks 'close to un-investable' late last year. We know what a no-deal entails; an automatic fall back on World Trade Organisati...