Philanthropist George Soros in an elevator in Davos, 2017.
Philanthropist George Soros in an elevator in Davos, 2017.

WORLDVIEW: Pound rebound on cards as a “very soft” Brexit now beckons

As Brexit’s economic pennies are dropping, the George Soros thesis is looking increasingly likely. If so, this more rational approach to what has been a high emotive discourse, would likely trigger a rebound in the Pound.
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At January's World Economic Forum annual meeting, I made a long delayed appearance at the annual dinner hosted by billionaire hedgie turned philanthropist George Soros.

As the 86 year old billionaire hosts his event on the most popular night of Davos week – Thursday – I've always ended up with other commitments. But made a conscious effort this year.  Soros did not disappoint.

Short, forthright and on point, he focused on the "avoidable disaster" of Brexit, bemoaning a British voting public that were "in denial" but adding it was a necessary wake-up call for a European Union which had become too complicated and not fulfilled expectations.

___STEADY_PAYWALL___

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