So Bad It’s Good: Markets See Silver Lining in Brexit Rejection

Pound defies worst analyst fears after May’s historic defeat
Stocks, gilts lag but analysts see more chance of soft exit

U.K. Will Leave EU With a Deal, Crossbridge Capital CIO Says

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By Sam Potter and Patricia Lui

January 16, 2019 at 2:30 AM EST

Updated on

January 16, 2019 at 9:08 AM EST

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Prime Minister Theresa May’s record defeat in Parliament over her Brexit divorce deal provoked a curious response from markets: Optimism.

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Before it’s here, it’s on the Bloomberg Terminal