It’s hard to fathom why the usually reasonable British decided to jump into the dark by voting to leave the European Union. Markets are having a tough time believing it as well with European markets down 7-8% and a plunge in the British pound by 8%, its biggest one-day loss ever. U.S. markets have dropped 3.5% heading into the weekend.
Recommended Research and Articles
- Q4 2018 Market Review
- "Standard & Poor's Indices vs. Active Funds Scorecard, Mid-Year 2018", Standard & Poor’s