We now know the Fed is on hold for the foreseeable future. Markets are now focusing on Brexit. The referendum has gone decisively in favor of a Brexit. This is all set to rock risk assets with some significant downside. A set up very similar to August 2015 and January 2016 is developing. Lets look at some key drivers:
Is Something Starting To Break? Stocks Plummet And Bonds Go Nuts As
Economic Data Disappoints
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Are the financial markets headed for trouble? There was quite a bit of
panic on Wall Street on Thursday after more bad economic numbers were
released. ...
18 minutes ago