JP Morgan out with some new Brexit predictions

JP Morgan Brexit predictions

They now see:
  • raises no deal probability to 25% from 15%
  • raises probability of Article 50 extension to 60% versus 50%
  • cuts probability of exit on withdrawal agreement to 15% from 35%
  • Their base case is that Boris Johnson become PM, and he calls a general election, followed by a new delay to Brexit to the end of December (from the end of October).