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Old 06-22-2016, 10:17 AM
Rudeboyelvis Rudeboyelvis is offline
Belmont Park
 
Join Date: Nov 2006
Posts: 7,440
Default Brexit and the impact to US markets

The referendum to leave the EU and regain the sovereignty of the United Kingdom will be decided tomorrow. The typical suspects (Progressives, Liberals, Central Banks & Globalists) are in favor of remaining - The folks that are sick of the unfettered immigrant invasion (and subsequently shouldering the cost of it) are vowing to regain their rights to control their own borders and population (among the other prominent negative financial impacts of belonging) are in favor of leaving.

Most every report out of Brittan show this referendum as neck and neck; although the betting markets clearly are showing "Remain" has a distinct edge.

Question - how will this vote, either way, affect the US Equity markets in the near and mid term? One would think that a "Leave" victory would boost US currency markets at least initially as the EU would lose a great deal of it's assets.

Have not seen any real discussion about this, which is making me wonder what we are in for come Friday...
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