How can investors position against a no-deal Brexit?

Boris Johnson's arrival at Number 10 has done little to enhance UK investor confidence; he has wasted no time setting a collision course with the EU over his no-deal strategy, and members on the other side of the House of Commons.

The current level of sterling weakness suggests the market is putting a significant probability on the UK crashing out of the EU this Halloween without a withdrawal agreement. As such, the UK looks precariously positioned. The single most-worrying Brexit outcome for UK stockmarkets With the savings ratio and UK unemployment levels at historic lows, there is little room for the UK consumer to absorb any shock from a no-deal Brexit. This is an important consideration, given the consumer has helped to drive economic growth since the 2016 referendum in a period when business investm...