*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).
Regulators in Colorado have to keep up with and adapt to a fast-growing, ever-changing industry which consistently introduces new products into the market. "It is a challenge, but the engagement we have with stakeholders has been really valuable in helping us navigate those issues," says Dominique Mendiola, recently-appointed director of marijuana coordination in the state.
President Donald Trump's ambivalence at a joint press conference with President Vladimir Putin gave the Russian leader a "get-out-of-jail-free-card" for future elections, says Joaquin Castro, Democratic Representative from Texas.
The backlash from President Trump's meeting with Russia's Vladimir Putin continued well into Tuesday, with politicians from both sides of the aisle condemning Trump. During his meeting with Putin on Monday, Trump seemed to side with the Russian President over U.S. intelligence officials on the issue of Russian meddling in the 2016 election.
Shares of Netflix tumbled after the company reported lower-than-expected subscriber growth in its quarterly earnings report on Monday. The streaming giant also missed Wall Street estimates on revenue and earnings per share.
And Jonathan Trager, CEO of Group Elephant, joins Cheddar to talk about his organization's mission to stop the poaching of elephants and rhinos in South Africa.
These are the headlines you Need2Know:
Trump Faces Bipartisan Backlash
Russian Woman Charged With Election Meddling
Hawaii's 'Lava Bomb' Injures Tourists
Deadly Fire Near Yosemite National Park Doubles
The New York attorney general candidate, who previously worked on Cynthia Nixon's campaign, plans to tackle corruption in the state. "People are really sick and tired of not having serious, on-going corruption prosecutions in New York State done by the state attorney general."
The show, which features political figures like Bernie Sanders and Trent Lott, premiered last night on Showtime. While it taps into political and social issues like gun control, popular.info’s Editor in Chief Judd Legum doesn’t know if it will significantly affect the public’s attitudes. “I don’t think this is a complete game changer, but I do think that things like this can contribute into some of the changes and attitudes on guns."
Following the president’s refusal to take a question from CNN’s Jim Acosta last week, Morgan criticized the mainstream media and the president for constantly being at each other’s throats. “I wish everyone would just take a chill pill and work a little bit better together with mutually better respect.”
During a joint press conference with Russian President Putin in Helsinki, Finland, Monday, President Trump refused to say whether he believed his own intelligence agencies about whether Russia interfered with the 2016 elections. The press conference drew criticism from Republicans and Democrats back at home.
These are the headlines you Need2Know:
*President Trump meets with Russian President Putin in Helsinki, Finland, days after the indictment of 12 Russian operatives for trying to disrupt the 2016 election.
*A federal judge blasts the HHS giving them one more week to reunite 2,000 families at the border after the administration missed the initial deadline.
*Protests erupted in Chicago over the weekend after a popular barber was shot and killed by the police.
*Novak Djokovic and Angelique Kerber won Wimbledon titles over the weekend. And France took home the World Cup.
Cheddar's Hope King gives us the details.
Before his private meeting with Russian President VladimirPutin, President Trump tweeted that the U.S.-Russia relationship has taken a hit because of the federal investigation into election interference, which Trump says is a "Rigged Witch Hunt!" Trump also labeled the EU as "foes" of the United States over the weekend, further alienating allies that he has been criticizing for the past week. Cheddar's J.D. Durkin brings us the latest from Helsinki, Finland.
