Wednesday, June 22, 2016

"Remain" Was Bought With Both Hands

The British Pound reached its highest level of 2016 today. Meaning the best case scenario ("Remain") is 100% priced in to global markets. Brexit is not an option...


+6% in one week:

London FTSE stock market:

European Stoxx 600 Composite

German DAX

World ex-U.S. with GDP

"What is 'Brexit?'"