Fallout Across the Pond: Brexit Closes Door on Fed Rate Hikes
Posted: Thu Jun 23, 2016 8:13 am
While American market participants and most investors in North America do not know it yet, the Brexit vote has officially been tallied, and with it comes a virtual tsunami of financial uncertainty, volatility, and ramifications on financial markets. The historic ramifications of the United Kingdom parting ways with the European Union in a razor thin referendum will not fully be realized right away, however initial results across European financial markets suggest a tidal wave of volatility is headed for the US and morning traders.
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