Politico Morning Exchange: The counter-intuitive view comes from Jay Pelosky of Pelosky Global Strategies, a global investment advisory boutique. “Conventional wisdom towards Europe suggests all is lost and it’s only a matter of time before the EU disintegrates. I disagree and believe that the combination of Brexit and Trumpian rhetoric could lead the EU to greater integration. Think of what occurs when one stares into the abyss and contemplates a future never expected; it concentrates the mind,” he writes in his latest missive to clients. “This perspective suggests markets are PAST peak EU and euro bearishness.”