Brexit triggers huge swings in exchange rates of the GB Pound. (We witnessed a nearly 9% move in one day!)
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Brexit causes decline in global stock markets
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Gold Bullion Surges 6% In USD As Brexit Creates Global Contagion Risk
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Items from Mr. Econocobas:
Fed Rate Hike Off the Table for Rest of 2016; 12% Chance of a CUT. – What’s amazing is that folks are surprised…
Dow closes down 600 after Brexit surprise; financials post worst day since 2011 – I can’t help but think this is going to resume on Monday. Don’t quite understand the implications of the Russell 2000 rebalancing day going to have on this either.
Global Banks Hammered by U.K. Vote
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