Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

That post-Brexit freakout didnít take with the financial markets
Canada Free Press ^ | 07/06/16 | Herman Cain

Posted on 07/06/2016 10:03:58 AM PDT by Sean_Anthony

Calm returns, as it always does

The day after British voters decided to leave the European Union, we were barraged with media stories about how the sky was falling. And nowhere did they turn to support their case more so than the plunging financial markets.

The drop in the markets surprised no one. Markets have a natural inclination to like stability, and when there’s a big change it’s common to see markets react negatively. What’s also common is that markets gather themselves quickly and make corrections in response to impulsive movements. So a big sell-off brought on by widespread panic on one day means the opportunity to buy low the next day. And people buy low. And markets rise again.

TOPICS: Business/Economy; Government; Politics
KEYWORDS: brexit; europeanunion; financialmarkets

1 posted on 07/06/2016 10:03:58 AM PDT by Sean_Anthony
[ Post Reply | Private Reply | View Replies]

To: Sean_Anthony

Today the markets resumed their downward slide with the DJIA still trying to break out. Gold is on a tear - $1365 now.

2 posted on 07/06/2016 10:07:13 AM PDT by Chuckster ("Them Rag Heads just ain't rational" Curly Bartley 1973)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chuckster

The financial writer has their head buried in the sand.

By my count so far there are five different UK real estate investment funds that have stopped redeeming shares since Brexit.

When you invest in these funds it is heads they win tails you lose.

There is some “investment advisor” on local radio pushing real estate investment funds without acknowledging that when things go bad they have no liquidity.

3 posted on 07/06/2016 11:01:38 AM PDT by cgbg (Epistemology is not a spectator sport.)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794 is powered by software copyright 2000-2008 John Robinson