It's a beautiful Monday morning and stock indexes tanked! Our 4% drop in ballistic volume put IBD's outlook at "market under pressure" and we begin the new week w/ futures traders expecting more YUGE -4.15% losses coming up.
Stat before the bell: International Trade in Goods.
News:
Brexit Is Anti-Market Rejection of Globalization - Larry Elliott, Guardian
Why Brexit Represents a Screaming Buy - Mark DeCambre, MarketWatch
Brexit Surprised a Lot of Hedge-Fund Moguls - Alexandra Stevenson, NYT
Brexit Won't Be 'Lehman Moment' So Many Fear - Ben Marlow, Telegraph
Why Brexit Is More About Entrance Than Exit - Roger Kimball, PJ Media
Friday's Dow Plunge Was 22% Brexit, 78% the Fed - Louis Woodhill, RCM
Trump/GOP Need Platform That Backs Brexit Gamble - Seth Lipsky, NYS
Trump/Clinton Push Radically Different Econ Cures - Al Hunt, Bloomberg
Anti-Deficit Lobby Cheers GOP Plan to Boost Deficit - Jonathan Chait, NY
Hillary Pleads for 4 More Years of Obama - Steve Moore, Washington Times
After You Paid Tab, Obama Wants to Hit You w/Tab - Tony Sayegh, RCM
We Need to Get Better About Selling Trade - Levy & McDaniel, Investor's