*By Brian Henry*
Even as British Prime Minister Theresa May suffered an embarrassing defeat as her Brexit vote was voted down in Parliament, and then only narrowly survived a no-confidence vote, investors remained relatively unrattled.
According to Chris Demetriou, the U.S. CEO at Aberdeen Standard Investments, the mild response to the vote was not a surprise.
"There are two elements to it," he told Cheddar Wednesday.
"The vote \[Tuesday\] and the no confidence vote \[Wednesday\] weren't really a surprise to anybody. It's long been speculated Theresa May didn't have the votes to carry the deal through Parliament."
Demetriou said that the decision by British lawmakers to reject the Brexit deal by such a historic margin ー 432 to 202 ーearlier this week actually has investors feeling confident.
"The resounding defeat, the size of the defeat, really suggests that a tweak to the deal probably isn't going to help get it through either. I think that, perhaps, is giving investors confidence that the can will be kicked down the road or potentially even a more formal withdrawal of Article 15."
"Investors want as a little change as possible in the current arrangement," he added.
Demetriou says productive trade talks between the U.S. and China as well as the Federal Reserve displaying patience on future rate hikes have led to less market volatility.
"A lot of the uncertainty we saw in the back end of the year, the escalation of trade discussions, perhaps concern around fed policy coming into 2019 ー a lot of that has reversed in the beginning of January."
But will the relative market peace last?
"There's a lot of positive news or certainly constructive news out there to offset some of the uncertainty that exists," Demetriou said.
"We do expect continued uncertainty, which breeds volatility in the markets and that will continue throughout the year."
For full interview [click here](https://cheddar.com/videos/the-uk-government-survives-no-confidence-vote-after-brexit-defeat).
After the Pulse Nightclub shooting in Orlando in 2016, Sarah Ullman felt called to action. The Los Angeles-based filmmaker is the founder of "One Vote at a Time," a Super PAC created to stop gun violence. She spends her days making free campaign ads for politicians who support gun control policies and are running in competitive districts.
A new documentary about campaign finance is coming to PBS on Monday. "Dark Money" explores the relationship between corporate spending and politics and how the laws have changed to allow more influence in the political arena. Kimberly Reed, the director and producer of the film, said that it is crucial to American democracy for its citizens to know who is trying to influence politics.
Robert Gaafar is one of the survivors of the Las Vegas shooting a year ago, and he is now partnering with Everytown to help launch a new election initiative. Gaafar said the progress on gun control in state and local races is heartening, even if the federal government remains unable or unwilling to do anything.
These are the headlines you Need 2 Know.
After nearly two weeks of resistance, President Trump ordered an FBI investigation into allegations of sexual assault against Supreme Court nominee Brett Kavanaugh, whose future seat on the nation's highest court had been suddenly thrown into doubt thanks to the wavering support of Sen. Jeff Flake (R-AZ).
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Sophia Amoruso, founder and former CEO of Nasty Gal, sat down with Cheddar and talked about her approach to business and how she wants to empower other women to take risks in their professional lives. Her newest venture, Girlboss, curates information and resources for women about careers, money, and wellness.
Cheddar's J.D. Durkin videotaped the scene as a pair of sexual assault survivors angrily confronted Sen. Jeff Flake (R-AZ) in a Senate elevator after he indicated he would vote yes to confirm Judge Brett Kavanaugh to the Supreme Court.
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