The Editor 

New York calling

John Hughman

New York calling

A lot has been written, by us and many others, about how cheap UK equities currently are compared with those in other major markets. At face value this is true, and especially for shares in companies most exposed to the domestic economy that it is suggested will suffer the most in the form of a hard Brexit. Despite attempts by various policymakers to take the no-deal option off the table, it is by no means a certainty that they will ultimately be successful – a possible (if now improbable) outcome that continues to press on UK shares.

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