Wednesday, 22 June 2016

US MARKET NEWS 23 June 2016

Much has been said about how a UK exit from the EU could hurt the British economy. But the bigger point confronting investors may be what it does to the rest of the world. If there's one near-definite result that experts can safely predict around a Brexit, it's this: A UK vote to leave the EU would increase the amount of uncertainty in markets.
Since no concrete precedent exists for a Brexit or anything like it, market-watchers are predicting a global flight to safer assets. And that, in turn, would likely include an investor pullback from the world's emerging economies.

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