Tag: Brexit

Brexit Surprises the Markets: Initial Thoughts

Stock Market  |   June 24, 2016  |  
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Financial markets have rallied into the Brexit vote this week indicating that the markets believed the exit was not going to be the outcome.  Because financial markets hate surprises, the vote to leave the EU is creating a selloff and generating increased volatility. Let’s put this in perspective: US equities, as of Friday (07/01/16) morning, are […]