I cannot figure out why our stock market reacted negatively to this. I think it is a good thing.
Something that might be bad for tomorrow’s trade might be wonderful for next decade’s humanity. Sometimes it seems that businesses live by the second hand of the clock.
But Br actually exited. I guess there always had to be an England, and even those socialists decided that too much of a “good thing” was not wonderful after all.
It always does, but I agree with you, I think it’s a good thing. Especially after that arrogant pos of 1600 Pennsylvania Ave tried to order Great Britain to stay in the EU.
They are trading on futures where they thought they had most of the angles figured out.
They tend to have a knee jerk reactions to any sort of change because it throws all their careful calculations out the window.
Usually inside of 24 hours the adjust and make new plans.
The globalists dominate the stock market and they are reacting emotionally. It will settle down.
Investors dislike change and uncertainty, while Brexit is a huge change in the status quo. It also ran counter to much of the polling so a lot of people placed the wrong bets. Plus being a Friday the selloff is worse.