Wednesday, June 15, 2016

Vast Majority of Experts Live In Fish Bowl of Domestic Analysis #BREXIT

Let's be clear, a Brexit will have a big impact on US markets. The vast majority of 'experts' live in the fish bowl of domestic analysis. International factors, including the growing threat of BREXIT, GREXIT, or some other country, influence capital flows and market trends globally. A failing Euro, regardless of Britain's decision, favors rising dollar, gold, tangible assets, and US stocks even as the global economy contracts.

Headline: Short-term fears aside, Brexit won't have big impact on US market: Experts

The Brexit vote, and fears surrounding it, will have a short-term impact on global markets but should not have a significant effect on U.S. stocks this year, two market experts said Monday. "If there is some noise, and there probably will be in the pound and some fear in the markets, it would probably be a pretty good opportunity longer term," Matt Roddy, portfolio manager with Rockland Trust, said in an interview with CNBC's "Power Lunch."



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