After 52 percent of voters in Great Britain cast their ballots in favor of leaving the European Union on June 23, financial commentators around the world, particularly in the U.S., predicted ugly economic tidings for the UK.
People who swallowed the gloom and doom whole must have been especially surprised early Friday morning when Bloomberg News published a piece headlined "Pro-Leave Economists Can Smell Vindication." Keeping hope for bad news alive, the caption underneath the piece's accompanying video reads, "Brexit Effect Missing So Far From U.K. Economic Data." Sorry, guys, it isn't just that bad news is missing. It's that the news out of the UK has been very good — "unexpectedly," of course.