John Bull called the EU vote right

The market turmoil unleashed by the EU vote could help to put the economy on a sounder footing, says Edward Chancellor.

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John Bull has better nous than he's credited with

Britain's EU referendum has left the country divided and bitter. Defeated Remainers believe that those who voted Leave are ignorant, and that they will come to regret the material consequences of their decision. Perhaps John Bull has better economic intuitions than he's credited with. The British public ignored shrill warnings from the government and other official bodies and signalled its dissatisfaction with the status quo. The majority embraced uncertainty because they didn't see that they had much to lose. The good news is that the market turmoil unleashed by Brexit could help to put the economy on a sounder footing.

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Edward Chancellor

Edward specialises in business and finance and he regularly contributes to the MoneyWeek regarding the global economy during the pre, during and post-pandemic, plus he reports on the global stock market on occasion. 

Edward has written for many reputable publications such as The New York Times, Financial Times, The Wall Street Journal, Yahoo, The Spectator and he is currently a columnist for Reuters Breakingviews. He is also a financial historian and investment strategist with a first-class honours degree from Trinity College, Cambridge. 

Edward received a George Polk Award in 2008 for financial reporting for his article “Ponzi Nation” in Institutional Investor magazine. He is also a book writer, his latest book being The Price of Time, which was longlisted for the FT 2022 Business Book of the Year.