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Stock impact report

Sterling could certainly tank — but it won't be due to Brexit [CNBC]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: CNBC
CHRISTOF STACHE | AFP | Getty Images Britain's Prime Minister Theresa May arrives at the Mozarteum University to attend a plenary session part of the EU Informal Summit of Heads of State or Government in Salzburg, Austria, on September 20, 2018.  Surely there's only one way the British pound can trade in the coming months. Currency experts are anxiously fixated on what the final details for Brexit will look like. But it seems simple to me: If it's good it's good, and if it's bad then the country will soon make it better. What does this mean? Well, if we do get a deal from Prime Minister Theresa May and most U.K. lawmakers seem to like it, then Parliament approves it and it ends years of worry and uncertainty. Sterling rises. If it's bad, or it looks like we'll crash out of the EU without a deal, then politics will once again move swiftly to balance the ship. Parliament won't vote for it, May could get thrown out, we get a new leader or Show less Read more
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