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I dunno, one or more of:
- ftse 100 less exposed to UK market
- Brexit priced in
- downside risks not clarified yet (ie traders think Brexit won't happen in any meaningful sense)
- irrational optimism
- warnings were wrong and there is upside from Brexit when we become 'a normal trading nation open for business with the world'
- any set of reasons that have nothing to do with Brexit
- ftse 100 less exposed to UK market
deleted
benborp
who can explain that markets are higher than pre-brexit? I thought we'd be in the low 5000's by now?