"homeriliad anyone who mentioned sovereignty during the referendum campaign got the sharp end of my 'George Soros/Black Wednesday' lesson from history"
It is an interesting footnote to history but one which I feel is now purely historical in nature...
The vast majority of trading is now done by computers working from complex algorithms, they have no sentiment and know nothing of Brexit or panic.
Hence what we saw a week ago finally proved that not only can you not buck the market, you also cannot manipulate it.
Whilst unknown organisations had placed massive amounts of money on a remain win the algorithm traders made a killing at their expense. Someone lost an awful lot of money, far too much for it to be private investors.
Hence the George Soros and his mates crashing the economy scenario arguably, and now I think provably, cannot happen. The markets recovered rapidly and merely hoovered up the cheap equities. Indeed they are still doing so.
If you ever meet one of the computer programmers who write trading algorithms in the city then I'd suggest buying them a pint. Not that they can't afford one themselves but their role was almost Churchillian in nature.