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