Uh-oh. This guy says the cost of Brexit remains high, but its “mostly invisible for the time being”.
– Argues that while there may not be a recession, there will be other costs, perhaps much greater than those of a recession
He hedges around a bit, and points out other negative consequences … but in all it looks to me like someone having made up his mind and now, seeing that a recession has become less likely, looking for other reasons why he is ‘right’. A familiar path.