Last Thursday the British decided to end their 43-year marriage to the European Union. Uncertainty over how this divorce will be handled has sent European and US markets tumbling (with the exception of the Hang Seng, markets in Asia were actually up on Monday).
The FTSE 100, German DAX and CAC 40 were all down Monday and all major U.S. indexes were also lower (markets rallied on Tuesday). The British pound also took another beating versus the dollar on Monday, reaching a 31-year low of $1.31. So where does it go from here?
Despite this poor market performance, remember the …Read More