Someone needs to put Obama's face on this.
I lost many thousands on that one day drop.
Never blinked an eye.
Near zero rates make it (until it all finally collapses) the ONLY real game in town.
England was once an empire. They’ll figure out how to do fine.
Gosh, the sky didn’t fall.
This is all a distraction from what’s happening in the U.S.
One of the biggest problems in “journalism” these days is that the liberals who populate the MSM actually believe the BS they report.
Just like Y2K — all the Chicken Little Globalists and EU Nazis crying like bablies. It was predicted easily.
Someone needs to put Obama's face on this.
Maybe it was the Muslim attack on the Istanbul airport that shows things are getting back to the new normal. /s- Tom
Will someone please post this story for me? Thankyou.
http://www.gq.com/story/kurt-sonnenfeld-9-11-conspiracy-theory
You lost nothing while the indexes were down unless you sold. The value is what someone will pay for it.
The media faithfully reported the index drop but will never mention it when it goes up.
Dangit, I meant to go long on the pound after Brexit but got distracted with life/work. Sigh.
Maybe there’s still time...
Before the Brexit vote, I heard most financial advisors say:
Sell your stocks. Go to cash. Sell high. When the market goes down on the Brexit vote Then Buy Low.
I suspect there are both small and big players who did exactly that.
Next thing to watch is Soros shorting his friends to whom he gives advice.
When I read that the EU was pressuring the UK to get out as quickly as possible, I though of the “Be careful what you wish for” thingy.
I imagine they want to rush the issue so it is over and done with by time France and Germany have national elections in 2017.
However, as the FTSE and other indices show, the End of the World didn’t happen. If the UK exits quickly, and then proceeds to go on and prosper even more than had she stayed in the EU, the other restless members will be goaded into action by their “Leave” constituencies.
Those who adopted the Euro will have a tougher, perhaps insurmountable task, but those 19 EU members who do not, are half way out the gate.