Leading up to the Brexit vote, there was an identifiable bifurcation in the UK economy, a Deutsche Bank report noted. In the vote's wake, the British pound will suffer as will the geographic region that was the UK economic leader, London. The analysis from the German bank that the pound and London will suffer is nothing new. The real issue for investors the report didn’t address is how much has been priced into the market. The Deutsche Bank report is nonetheless interesting in exploring regional economic imbalances as it relates to UK political fragmentation.
Migrants helped build the UK economy...
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