Brexit Referendum

British Referendum Wreaks Havoc in Global Markets

June 24, 2016

British voters chose to leave the European Union by a margin of 51.9% to 48.1.  Extensive coverage provided in Deeper Analysis. British Prime Minister Cameron, who campaigned to remain in the EU, resigned and will step down in the fall. The pound swung adversely against the dollar by as much as 11.9%, most ever, dropping […] More

Referendum Eve into Morning After

June 23, 2016

00:34 GMT–  With 13 of 382 British localities reporting, the Leaves lead the Remains by a 7 percentage point margin of 53.6% to 46.4%.  Too be sure, these are early times, but nervous markets have backed off Thursday’s high confidence.  Supposing the Leaves prevail at the end of the day, a few conclusions one might […] More