WASHINGTON -- Here is the real lesson from the stunning Brexit vote: Throwing a tantrum at the polls is not liberating; it is self-defeating. Those tempted to vote for Donald Trump should pay very close attention. Brexit was a big deal, but it is not the end of the world. ...
Real Clear Politics | Tue, 28 Jun 2016 02:33:27
Japan got hit hard initially by the risk-off tsunami forced by Brexit. The force of the hit was compounded by the fact that Japan was the first and only major developed market that was open for business when the results [...] The post Brexit & Japan appeared first on ValueWalk ...
WisdomTree / Value Walk | Tue, 28 Jun 2016 01:10:08
Japanese stocks have trade lower again tracking global losses amid the ongoing Brexit uncertainty.
BBC | Tue, 28 Jun 2016 01:07:20
By Lisa Twaronite TOKYO (Reuters) - Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain's shock vote to exit the European Union continued to roil financial markets. MSCI's broadest index of Asia-Pacific shares outside Japan slumped 0.3 ...
Business Insider | Tue, 28 Jun 2016 01:01:43
With the Brexit hammering global equities and currencies, bitcoin has bucked the trend.
CNBC | Tue, 28 Jun 2016 01:01:00
* Investors continue to fear fallout of UK's Brexit vote shock
Reuters | Tue, 28 Jun 2016 00:57:42
Yes, Britain’s economy is likely to suffer in the near term, but the most dire effects of the country’s split from the E.U. may be felt on the Continent.
ANDREW ROSS SORKIN / NY Times | Tue, 28 Jun 2016 00:57:29
Roundup: The art world braces for Brexit, Lucas dumps Chicago museum plan, searching for Vincent Van Gogh
How Brexit may affect artists and the art market. George Lucas abandons plans for a museum in Chicago. Miami models allege that an artist asked them to do intimate things with a rope. Plus: Examining the museum industrial complex, Eero Saarinen's weapons work, the search for a Vincent Van Gogh...
Carolina A. Miranda / LA Times | Tue, 28 Jun 2016 00:57:00
Daniel Been, Head of FX Research at ANZ , provides his view on what are the ramifications of Brexit for AUD and NZD, noting that the coming weeks will
Ivan Delgado / FX Street | Tue, 28 Jun 2016 00:52:13
Japanese equity suffered losses today as the Japanese Yen strengthened on Brexit led risk-off in the markets and on concerns the government has little
Omkar Godbole / FX Street | Tue, 28 Jun 2016 00:41:36
Believing in the accuracy of polls once again, bulls were slaughtered as the BREXIT vote reversed late polling results calling for an exit vs remain. The shock hit stock markets globally quite hard. It must be said in the U.S. at least the declines only wiped out, and then some, ...
ETF Digest | Tue, 28 Jun 2016 00:34:11
Barely has the market had time to digest last week's Brexit vote by the UK, a vote which may never actually be implemented if the "sturm und drang" campaign unleashed by the EU and the ECB on UK capital markets succeeds in changing the mind of enough "Leavers" to the ...
Tyler Durden / Zero Hedge | Tue, 28 Jun 2016 00:27:16
A very sleep-deprived Axel Merk joins us for this special edition podcast. Axel and his team have pulled late nights over the past few days following the Brexit vote results in real-time and the ensuing aftermath. Axel, CEO and founder of the Merk Funds, is originally from Europe and one ...
Peak Prosperity | Tue, 28 Jun 2016 00:22:04
Jim Rogers On Brexit: 'Worse Than Any Bear Market You've Seen in Your Lifetime", The Living Will Envy the Dead
He didn't really use the line.* From Yahoo Finance: The EU and euro may not exist in five years, warns legendary investor The UK's decision to leave the European Union will lead to an economic crisis more severe than what the world faced in 2008, according to legendary investor Jim ...
climateer / Climateer Investing | Tue, 28 Jun 2016 00:11:00
Now is not the time to panic, even after the Dow and S&P hit their lowest levels since March, pros warn.
CNBC | Tue, 28 Jun 2016 00:09:00
Imre Speizer, FX Strategist at Westpac, summarizes Monday's action, noting that markets remained in the grip of Brexit-inspired risk aversion. Market
Ivan Delgado / FX Street | Tue, 28 Jun 2016 00:08:41
Business Secretary Sajid Javid will hold a meeting of UK business groups on Tuesday to discuss the fallout from the UK vote to leave the European Union.
BBC | Tue, 28 Jun 2016 00:07:43
Britain's vote to leave the European Union sent new shockwaves through financial markets, with the pound falling despite the country's leaders' attempts to ease the political and economic turmoil it has unleashed. Finance minister George Osborne said on Monday the British economy was strong enough to cope with the volatility ...
Japan Times | Tue, 28 Jun 2016 00:03:19
The Supreme Court strikes down Texas abortion laws; is Brexit inbrexorable?; several stabbings in a melee between white supremacists and counterprotesters. Vox Sentences is written by Dylan Matthews and Dara Lind. TOP NEWS TRAP queens Pete Marovich/Getty Images On its last decision day of the term, the Supreme Court struck ...
Vox | Tue, 28 Jun 2016 00:00:02
Sterling languished near its lowest in more than 30 years early on Tuesday with many investors still wary of calling a bottom.
CNBC | Mon, 27 Jun 2016 23:58:00
With the pound falling to its lowest level in more than 30 years after Brexit, there will be an impact on many people's personal finances
BBC | Mon, 27 Jun 2016 23:57:25
Brutal selling in past two trading days comes on rise in volatility and flight to safety
FT | Mon, 27 Jun 2016 23:57:15
Over the last two trading days, European banks have lost 23 percent of their value. Let that number sink it for a bit. In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out. I warned you that the Brexit vote ...
Economic Collapse | Mon, 27 Jun 2016 23:53:35
In this special edition, CFR's Director of Studies Jim Lindsay, Steven A. Tananbaum Senior Fellow Robert Kahn, and Paul A. Volcker Senior Fellow Sebastian Mallaby examine the implications of the Brexit vote.
James M. Lindsay, Robert Kahn, and Sebastian Mallaby / CFR | Mon, 27 Jun 2016 23:49:51
No, calm down. Let the dust settle. No one has a clue what Brexit will do to the English Premier League (EPL). A 'Vote Remain' activist urges commuters to vote outside Kings Cross station in central London on June 23, 2016, as Britain holds a referendum on whether to remain ...
Andrew Brennan, Contributor / Forbes | Mon, 27 Jun 2016 23:46:00
CNBC's Melissa Lee and "Fast Money" traders Karen Finerman and Brian Kelly discuss their Brexit portfolio plays.
CNBC | Mon, 27 Jun 2016 23:45:00
Hillary Clinton's latest attack ad on Donald Trump accuses him of using the chaos after Britain's vote to leave the EU to push his own business interests.
MSNBC | Mon, 27 Jun 2016 23:43:00
Brexit And The Rise of Populism The 2016 Mid-Year Geopolitical Outlook (Due to the Independence Day holiday, our next edition will be published July 11.) As is our custom, we update our geopolitical outlook for the remainder of the year [...] The post The Rise Of Populism appeared first on ...
Value Walk | Mon, 27 Jun 2016 23:42:51
Tyler Cowen had an interesting and thoughtful piece on Marginal Revolution yesterday, headed Why Brexit happened and what it means. He summarises his answer as "ultimately the vote was about preserving the English nation" - on this telling, primarily about immigration. And despite his own pro-immigration inclinations, he runs a ...
Croaking Cassandra | Mon, 27 Jun 2016 23:42:08
As I noted on Friday, Britain won't be exiting the E.U. anytime soon . If and when the U.K. government invokes Article 50 of the Lisbon Treaty of 2007, which grants member states the right to leave, there will be at least two years of negotiations about the terms of ...
John Cassidy / New Yorker | Mon, 27 Jun 2016 23:37:19
The decision by the majority of British voters to leave the European Union has failed to significantly dampen Australian consumer confidence.
SMH | Mon, 27 Jun 2016 23:37:14
'Britain is in crisis - Jeremy Corbyn should GO NOW': how newspapers in Britain and around the world reacted to the Labour crisis and Brexit on Tuesday morning
Telegraph Reporters / Telegraph | Mon, 27 Jun 2016 23:32:48
CNBC's Deirdre Bosa looks into which stocks have historically bounced back after big selloffs.
CNBC | Mon, 27 Jun 2016 23:30:00
* Media name cabinet's Crabb, Hunt as challengers (Adds finance minister Osborne withdrawing from race)
Reuters | Mon, 27 Jun 2016 23:29:38
Seeking Alpha / Seeking Alpha | Mon, 27 Jun 2016 23:27:01
European leaders begin their summit in Brussels on Tuesday, where the Brexit and how it will be implemented is under discussion.
CNBC | Mon, 27 Jun 2016 23:27:00
Populist anger and distrust of the political elite, spurred by economic anxiety, is leading U.S. voters to Donald Trump much like it led UK voters to vote Brexit. Will the anger last to November?
MSNBC | Mon, 27 Jun 2016 23:22:55
When it comes to being direct and offering up some truth, one can rest assured that Jim Rogers is a prime candidate to do both. In an interview with Yahoo! Finance, the legendary investor had some candid and quite unnerving things to say about the global market in the aftermath ...
Tyler Durden / Zero Hedge | Mon, 27 Jun 2016 23:15:00
Futures pointed to a lower open for Asian markets, after markets in the U.S. and Europe extended Friday's post-Brexit sell-off.
CNBC | Mon, 27 Jun 2016 23:14:00
Britain's decision to leave the European Union could inspire other disaffected nations to consider a way out unless the bloc responds to anxiety across the... Read More The post What Brexit Means for the European Union's Future appeared first on The Daily Signal .
Josh Siegel / The Foundry | Mon, 27 Jun 2016 23:08:45
Jim Cramer explained the impact of the Brexit vote, and why he thinks it was a foolish move.
CNBC | Mon, 27 Jun 2016 23:05:00
David Cameron is to meet European leaders for the first time since the UK voted to leave the European Union, as the European Parliament debates the implications of Brexit.
BBC | Mon, 27 Jun 2016 23:02:35
Bank of America and Pimco tell clients that gulf between rich and poor could spark further anti-establishment backlash Britain's historic vote to leave the EU has prompted some of the world's most powerful investment houses to turn their focus to inequality. Bank of America and the international investment firm Pimco ...
Katie Allen / Guardian | Mon, 27 Jun 2016 23:01:12
Richard V. Reeves: It's no surprise that the Brexiteers don't have a plan for what happens next. Nobody was voting for a government or a policy platform. The referendum was a single vote on a single issue.
Richard V. Reeves / WSJ Washington Wire | Mon, 27 Jun 2016 22:56:45
The U.K.'s vote to leave the European Union has been a costly decision in more ways than one.
CNBC | Mon, 27 Jun 2016 22:56:00
Leaders on both sides of the debate signaled that they wanted continued access to the free-trade zone, though the European Union may have other ideas.
STEVEN ERLANGER, STEPHEN CASTLE and SEWELL CHAN / Sewell Chan | Mon, 27 Jun 2016 22:53:28
Brexit could affect U.S. banks and other financial services companies that have offices in Britain. Over 10,000 jobs in financial services companies can be affected, although it is not yet clear what exactly may happen.
USA Today | Mon, 27 Jun 2016 22:49:54
It has been expected since Brexit that the credit rating agencies would chop the "AAA" rating of the United Kingdom. That happened today, and S&P cut its UK rating to... 247wallst united kingdom
Douglas A. McIntyre / 24/7 Wall St. | Mon, 27 Jun 2016 22:48:50
Australian bonds are rallying again after both Standard & Poor's and Fitch slashed their credit ratings of the UK in the wake of the Brexit vote.
SMH | Mon, 27 Jun 2016 22:44:04
Various possibilities include unilateral decision by London to cut most barriers to imports; Norwegian-style membership in the common market; or imposing tariffs
BARRIE McKENNA / Globe and Mail | Mon, 27 Jun 2016 22:36:47
It's been a less-than-stellar day for the United Kingdom. Thanks to the Brexit vote, markets seem to be pummeling any company that so much as employs someone with a British accent. The pound kept falling. There was that football match. Meanwhile, both Standard & Poor's and Fitch downgraded the country's ...
Moneybox | Mon, 27 Jun 2016 22:35:45
At the heart of the decision by the U.K. to leave the European Union was an evident desire of the British people to restore economic... Read More The post Brexit Is a Powerful Reminder Why Congress Must Fix America's Overregulation Problem appeared first on The Daily Signal .
Anthony B. Kim / The Foundry | Mon, 27 Jun 2016 22:32:07
It didn't even take an afternoon. As soon as the "Brexit" outcome became clear, it took about ten seconds flat for "Texit" to become a thing. "Our phones are ringing off the hook. Our social media is going nuts. We are definitely riding a wave of momentum. and we plan ...
Hunter / Daily Kos | Mon, 27 Jun 2016 22:31:04
A few days ago, we woke up to a new world. Britain had voted to leave the European Union. Some were pleased, many were deeply concerned. What is likely is that many will be affected. Some wonder if the EU will survive. It will take months if not years to ...
john a. powell / The Berkeley Blog | Mon, 27 Jun 2016 22:27:45
This is what politicians should do to avoid a global recession after Brexit, former Wells Fargo CEO Dick Kovacevich says.
CNBC | Mon, 27 Jun 2016 22:27:00
What will Brexit mean to you? Your investments? Your house? Your mortgage? So far, we know this: Stock markets in North American have shed about 6% of their value over two sessions. Sucks, but not a crisis. The losses on Day Two were one quarter of Day One, and those ...
Greater Fool | Mon, 27 Jun 2016 22:25:36
The markets are already reacting to this uncertainty, taking a bite out of stocks of companies with big U.K. exposure
Damon van der Linde / Financial Post | Mon, 27 Jun 2016 22:24:27
Jim Cramer usually tells investors to buy into weakness, but this time around, he is changing his tune.
CNBC | Mon, 27 Jun 2016 22:24:00
The "Fast Money" traders spotted some opportunities to buy stocks as markets continued to sell off post-Brexit.
CNBC | Mon, 27 Jun 2016 22:21:00
UK Health Secretary Jeremy Hunt said earlier on Monday, via the Telegraph, that the UK could hold a 2nd referendum should the country reach a deal wit
Ivan Delgado / FX Street | Mon, 27 Jun 2016 22:18:55
Foxtons' profit warning stokes investor fears as share prices across the sector are pummelled
FT | Mon, 27 Jun 2016 22:18:43
I reluctantly dive into the topic of the day....Brexit. The morning after the Brexit vote a huge number of people were apparently regretting their vote. A combination of misinformation and misunderstanding appears to have led many people to vote in a manner that they didn't really believe in. Here's some ...
Cullen Roche / Pragmatic Capitalism | Mon, 27 Jun 2016 22:17:47
Expert Commentary David Beckworth, economist and research fellow at the Mercatus Center, joined Federalist Radio to discuss Britain's exit from the EU and how it will impact the global economy. Dr. Desmond Lachman, resident fellow at the American Enterprise Institute, also explained some of the reasons why the UK voted ...
David Beckworth / Mercatus | Mon, 27 Jun 2016 22:15:41
Minutes separated the news from the narrative. On Friday morning, at just a hair past midnight, it was reported that the British people had voted to leave the European Union. Less than half an hour later, they were being told by the press that they regretted it. And nowhere was ...
Charles C. W. Cooke / National Review | Mon, 27 Jun 2016 22:11:14
Turmoil in exchange rates could hurt Valeant's sales outside the U.S., decreasing total revenue
Cynthia Koons / Globe and Mail | Mon, 27 Jun 2016 22:09:22
UK Independence Party leader Nigel Farage said Monday that Russian President Vladimir Putin behaved "in a more statesman-like manner" throughout the so-called Brexit referendum campaign than US President Barack Obama. "Ultimately, Vladimir Putin behaved in a more statesman like manner than President Obama did in this referendum campaign," Farage said ...
Oliver Darcy / Money Game | Mon, 27 Jun 2016 22:04:48
As a traditional safe haven, Gold has seen massive sums of money being directed its way in the aftermath of Brexit induced uncertainty in the markets.
Shreya Agarwal, Forbes Staff / Forbes | Mon, 27 Jun 2016 22:04:00
This note outlines some of the challenges and impacts from the UK voting to leave the EU.
Chuck Jones, Contributor / Forbes | Mon, 27 Jun 2016 22:02:00
President Barack Obama's efforts in Europe over the next six months are intended to leave whoever wins in November with a plan in place that leaves the U.S. as unscathed as possible.
WSJ | Mon, 27 Jun 2016 22:01:02
There is a widespread conviction that the decision to leave the European Union in the Brexit referendum was the result of a reaction by those fearful of refugees
Hurriyet | Mon, 27 Jun 2016 22:01:00
At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $120 billion and counting that advisors manage ...
Alex Palumbo / Reformed Broker | Mon, 27 Jun 2016 22:00:01
According to Downing Street, a second Brexit referendum is "not remotely on the cards." Listening to the British Left, however, you'd think a repeat vote was already a done deal. After all, even though a clear majority of Britons voted to leave the EU last Thursday, liberal elites have rejected ...
Tom Rogan / National Review | Mon, 27 Jun 2016 21:59:24
In the medium term, Brexit might not be great news for tourism in the United Kingdom. More than 60 percent of inbound visitors to the U.K come from the European Union, and various EU initiatives-such as caps on cell phone roaming charges, or the European Health Insurance Card-have made it ...
Henry Grabar / Moneybox | Mon, 27 Jun 2016 21:57:24
George Soros, whose positions in gold and other risk-off assets prior to the Brexit vote last week means he is likely among the referendum's biggest winners, has called for a thorough reconstruction of the European Union and noted that Britain's vote to leave makes of the EU practically irreversible." read ...
Steve Lord / FINalternatives | Mon, 27 Jun 2016 21:51:37
In the aftermath of last week's surprising Brexit vote, the European Union is even more determined to sign a free trade agreement with Canada, International Trade Minister Chrystia Freeland says.
Peter Zimonjic / CBC | Mon, 27 Jun 2016 21:50:09
Rating agency S&P says EU referendum result is a 'seminal event' that means Britain no longer deserves a top credit rating Latest: Fitch downgrades UK to AA S&P downgrades UK from AAA to AA FTSE 100 fell by another 156 points today Pound hit a new 31-year low 10.48pm BST ...
now / Guardian | Mon, 27 Jun 2016 21:48:46
What We're Following Life After Brexit: Things in the United Kingdom have gone from bad to worse since the country voted to leave the European Union last week. David Cameron said he would resign as prime minister by October. Britain's credit rating was downgraded. The British pound hid a 31-year ...
Tyler Parker / The Atlantic | Mon, 27 Jun 2016 21:42:19
Almost exactly one month after the Canadian auto-parts manufacturer announced it would build a 225,000-square-foot aluminum casting facility in Telford, England, Britain voted to leave the European Union
Eric Lam / Globe and Mail | Mon, 27 Jun 2016 21:41:10
The Brexit campaign argued an independent Britain could sign a better trade deal with Europe. Easier said than done. The post What are the U.K.'s options for a trade deal with the EU? appeared first on Macleans.ca .
Chris Sorensen / Macleans | Mon, 27 Jun 2016 21:37:38
* Apparently British Labour Party MP's are not happy with their leader Jeremy Corbyn. At an extraordinary meeting of the Parliamentary Labour Party in the House of Commons Monday, Jeremy Corbyn fought for his political life. MP after MP lined up to attack the Labour leader and demand his immediate ...
nancyl / Political Animal | Mon, 27 Jun 2016 21:37:08
Financial market turmoil from the U.K. Brexit vote couldn't come at a worse time for the world's major central banks.
CNBC | Mon, 27 Jun 2016 21:35:00
Brexit's first benefit: A rebellion against Jeremy Corbyn.
WSJ Opinion | Mon, 27 Jun 2016 21:33:42
Authored by Matt Taibbi, originally posted at RollingStone.com, ...the freedom to make mistakes is itself an essential component of freedom. As a rule, people resent being saved from themselves. And if you think depriving people of their right to make mistakes makes sense, you probably never had respect for their ...
Tyler Durden / Zero Hedge | Mon, 27 Jun 2016 21:30:00
The markets continued to endure a wave of selling on Monday in the wake of last week's Brexit referendum, as the U.K. deals with political turmoil, leaders on both sides of the Channel try and figure out how best to proceed, and U.K. banks come under particular pressure.
Paul Vigna / MoneyBeat | Mon, 27 Jun 2016 21:28:46
Shares of chip equipment giant Applied Materials (AMAT) today closed down 94 cents, or 4%, at $22.29, despite a bullish note from D. A. Davidson's Thomas Diffley, who raised his rating on the shares to Buy from Neutral, writing that "several waves of growth" are ahead for the company that ...
Tiernan Ray / Eric Savitz | Mon, 27 Jun 2016 21:27:09
The Australian dollar is plummeting as the weaker Chinese yuan and the Britain's negative credit rating outlook add to the Brexit uncertainty in markets.
SMH | Mon, 27 Jun 2016 21:26:11
The Brexit effect is still being felt across world markets.... Wall Street being the latest to shudder following Britain's vote to leave the European...
euronews | Mon, 27 Jun 2016 21:24:11
* Treasuries, gold, dollar index lifted in scramble to safe-haven assets
Reuters | Mon, 27 Jun 2016 21:21:49
A high-quality DeLong smackdown! Keep 'em coming, please... **Olivier Blanchard**: [How the Eurozone Can Be Strengthened After "Brexit raises fundamental questions.... Meanwhile, Europe must continue to function... >...In this context that a large number of prominent economists from different European countries, ranging from those who desire more political integration...
J. Bradford DeLong / Grasping Reality | Mon, 27 Jun 2016 21:21:39
The UK's vote to leave the European Union has sent tremors throughout global financial markets. But keep in mind that the vote was not binding, and nothing has happened so far; it will likely take a year or so for the UK to hammer out new trade agreements, if indeed ...
Scott Grannis / Calafia Beach Pundit | Mon, 27 Jun 2016 21:20:00
( Steven Hayward ) If you want to understand why Brexit passed and why more revolts from us peasants are likely ahead, take in this story from The Telegraph today: EU to launch kettle and toaster crackdown after Brexit vote The EU is poised to ban high-powered appliances such as ...
Power Line | Mon, 27 Jun 2016 21:18:46
"We have a pretty heavy burden of uneasy ties with Great Britain. We hope that in the new realities, an understanding of the need for good relations with our country will prevail," Dmitry Peskov, Russia's Kremlin spokesman, said in response to Britain's vote to leave the EU last week. With ...
Doug Schoen, Contributor / Forbes | Mon, 27 Jun 2016 21:17:00
US stocks extended sharp losses into a second session on Monday as economic and political uncertainty coming from the Brexit vote continues to weigh o
Ani Salama / FX Street | Mon, 27 Jun 2016 21:16:45
CNBC's Sara Eisen reports on the Brexit fallout in the British pound and other global currencies.
CNBC | Mon, 27 Jun 2016 21:09:00
This is the Brief from Brussels, a daily round-up of the top stories from across Europe. In this edition: the EU faces up to its latest crisis as...
euronews | Mon, 27 Jun 2016 21:08:47
Even before the monumental Brexit vote last Thursday, the result of which wrought carnage to the markets and sent shockwaves through the deal making fraternity, data for UK-targeted only M&A in the second quarter of 2016 was shown to have plummeted over 50% against the previous quarter. A blip perhaps? ...
Roger Aitken, Contributor / Forbes | Mon, 27 Jun 2016 21:08:00
Banking sources tell Sky News that Moody's is likely to revise its outlook on their ratings in the wake of last week's referendum.
Sky | Mon, 27 Jun 2016 21:04:01
The "Fast Money" traders dissect the day's trading action, including Brexit fears leading markets into a sell-off.
CNBC | Mon, 27 Jun 2016 21:01:00
After the Brexit vote sent shockwaves through the financial markets on Friday, capital inflows to Thailand and other emerging markets are expected in the long run as the likelihood of further monetary easing increases in advanced economies.
Bangkok Post | Mon, 27 Jun 2016 21:00:00
Leaders on both sides of the debate signaled that they wanted continued access to the free-trade zone, though the European Union may have other ideas.
STEVEN ERLANGER, STEPHEN CASTLE and SEWELL CHAN / NY Times | Mon, 27 Jun 2016 20:59:45
A key issue raised by the United Kingdom's (UK) withdrawal from the European Union (EU) - popularly referred to as Brexit - is its implications for competition and economic welfare. The competition issue is rather complex. Various potentially significant UK competition policy reforms flowing from Brexit that immediately suggest themselves ...
Alden Abbott / Truth on the Market | Mon, 27 Jun 2016 20:57:45
These are the issues facing U.S. banks after the Brexit vote, CLSA's Mike Mayo says. However, there is good news.
CNBC | Mon, 27 Jun 2016 20:57:00
The Brexit continues playing out. The professional elite are, for the most part, talking around the matter, and whistling past the graveyard of their own long coming and well deserved demise. What has been called 'the placebo syndrome' of mindless pursuit of power and goods. I think if you look ...
Jesse's Café Américain | Mon, 27 Jun 2016 20:50:00
Make Your Stand: Dow Tumbles 270 Points as Brexit Selloff Continues. But, Hey, It Could Have Been Worst.
Stocks continued to fall today as markets wrestled with a post-Brexit world . The S&P 500 , however, managed to close above 2,000, making a last stand that would have made Jon Snow proud. The S&P 500 fell 1.8% to 2,000.54 today, while the Dow Jones Industrial Average dropped 270.51 ...
Ben Levisohn / Stocks To Watch | Mon, 27 Jun 2016 20:47:14
As I pointed out yesterday (see Brexit: LTCM or Lehman?), my Trifecta Bottom Spotting Model, which has shown an uncanny record of spotting short-term market bottoms. This model flashed an "exacta" buy signal as of Friday's close and it has now flashed a signal based on Monday's close.The model is ...
Cam Hui / Humble Student of the Markets | Mon, 27 Jun 2016 20:45:00
Oil prices fell again on Monday after last week's rout following the Brexit vote, deepening the losses and killing off a multi-month oil price rally. There is quite a bit of debate around how lasting the negative effects of the Brexit result will be for crude oil. On the one ...
Nick Cunningham / Oil Price | Mon, 27 Jun 2016 20:43:47
Late week, William Katz, an analyst at Citigroup, noted that Brexit is likely bad news for asset managers with a sizeable presence in the U.K., including Invesco (IVZ). On Monday, Katz went full downgrade, cutting his rating on Invesco to "neutral" from "buy." The stock fell more than 9% on ...
Chris Dieterich / Focus on Funds | Mon, 27 Jun 2016 20:43:17
How reliable are the recent media by venerable journalistic institutions like the Washington Post and Time-that voters in the United Kingdom were "frantically googling what the European Union is" after the election? The answer depends on your tolerance for explanations that require an understanding of basic math. Sure, searches about ...
Elise Ackerman, Contributor / Forbes | Mon, 27 Jun 2016 20:43:00
In early 2014, Morgan Stanley awarded about $1.4 billion worth of shares to employees on the condition that they couldn't sell them until early 2017. No doubt the firm's bankers and traders... To view the full story, click the title link.
Aaron Elstein / Crain's NY | Mon, 27 Jun 2016 20:41:00
Submitted by Howard Kunstler via Kunstler.com, Wait a minute. They're already dead. Brexit just reveals that not everybody's brains have been eaten. A viral contagion now threatens the zombified institutions of daily life, especially the workings of politics and finance. Just as zombies exist only in the collective imagination, so ...
Zero Hedge | Mon, 27 Jun 2016 20:40:00
Warren Buffett is deemed by many investors and market watchers to be the greatest investor of the modern era. Some may not agree at all, but Berkshire Hathaway Inc. (NYSE: BRK-A) is not by accident... AXP BAC BRK-A DOW IBM KO PSX WFC Administrator Warren Buffett square
Jon C. Ogg / 24/7 Wall St. | Mon, 27 Jun 2016 20:38:18
America's top diplomat sought to soothe fears Monday on both sides of the Atlantic as aftershocks of Great Britain's vote to withdraw from the European Union, the world's largest trading bloc, continued to rattle markets and governments. "The interests and the values which have united us for such...
Tracy Wilkinson / LA Times | Mon, 27 Jun 2016 20:36:00
Data shows that white, poor, elderly, uneducated men from rural England pulled the United Kingdom outside the European Union. Great Britain will be on its own as it will have to navigate an increasingly complex and globalized world. Europeans must wish all the very best to their British friends. At ...
Brookings | Mon, 27 Jun 2016 20:35:00
Hedge funds fared decently well leading up to the Brexit whipsaw late last week, according to the latest edition of Lyxor Asset Management's Weekly Brief, but the picture has markedly changed since the British referendum. read more
Steve Lord / FINalternatives | Mon, 27 Jun 2016 20:34:24
Despite all the Brexit hand-wringing today, and a second day of massive selling of stocks, Amazon.com (AMZN) did alright, closing down better than average, falling $7.60, only 1%, to close at $691.36. Perhaps the shares were helped by an upbeat note published by Pacific Crest 's Brent Bracelin , who ...
Eric Savitz | Mon, 27 Jun 2016 20:33:32
(Adds analyst quote, updates prices) * Canadian dollar ends at C$1.3073, or 76.49 U.S. cents * Bond prices much higher across the maturity curve By Fergal Smith TORONTO, June 27...
Reuters | Mon, 27 Jun 2016 20:32:27
Sometimes, everything seems connected. While the U.K. has been debating its eventual departure from the European Union, twenty-four European nations have been competing against one another in a major soccer tournament in France. Two weeks ago, what English soccer players were doing in Europe seemed more momentous to most people ...
New Yorker | Mon, 27 Jun 2016 20:31:38
Just over a year ago, British financial traders were celebrating a landmark court victory over their European rivals. The Luxembourg-based General Court had overturned a demand by the European Central Bank that clearing of trades in euro-denominated assets take place only in countries that use...
Michael Hiltzik / LA Times | Mon, 27 Jun 2016 20:31:00
Brexit isn't just a European problem after all. The U.K.'s decision is costing U.S. investors a pretty penny.
USA Today | Mon, 27 Jun 2016 20:30:33
Supreme Court Rules on Abortion, Resignations over Brexit Vote, Clinton and Warren Team Up: P.M. Links
The Supreme Court today struck down abortion restrictions in Texas that required abortion clinics to have the same medical standards as surgical centers. The court also ruled that a misdemeanor domestic violence conviction could be used to ban firearm possession. And finally, the Supreme Court unanimously threw out former Virginia ...
Hit & Run | Mon, 27 Jun 2016 20:30:00
In the campaign leading up to the Brexit vote, economist Tim Harford played the role of independent fact checker. Now that it has passed, he's letting out some strong feelings.
Jacob Goldstein / NPR | Mon, 27 Jun 2016 20:28:21
Major markets see biggest two-day fall in 10 months, but Moody's analyst says referendum result may not cause real damage to US economy US stock markets were rocked again on Monday by the aftershocks of the UK's referendum decision to quit the European Union. Since the results became known on ...
Sam Thielman in New York / Guardian | Mon, 27 Jun 2016 20:26:43
As investors shied away from riskier assets in the wake of the Brexit results, emerging market exchange traded funds were pummeled, dipping below their long-term trend lines. The iShares MSCI Emerging Markets ETF (NYSEArca: EEM) fell 1.4% Monday and was trading below its 200-day simple moving average while the Vanguard ...
Max Chen / ETF Trends | Mon, 27 Jun 2016 20:26:26
The Brexit vote may put the brakes on what little forward momentum was left for British economic growth.
CNBC | Mon, 27 Jun 2016 20:24:00
REUTERS/Kevin Coombs Anthony MirhaydariJune 27, 2016 The damage from last week's surprising Brexit vote is continuing this week, with U.S. equities down again sharply on Monday. Key technical support levels have already been violated or are under threat. The Dow Jones Industrial Average has traded below its 200-day moving average ...
arader / Fiscal Times | Mon, 27 Jun 2016 20:23:32
LONDON, June 27 (Reuters) - Fitch Ratings cut Britain's credit rating on Monday and warned more downgrades could follow, joining Standard & Poor's in judging that last week's vote to leave the...
Reuters | Mon, 27 Jun 2016 20:22:01