ECN | 7 July 2016
The Bremain folks warned us that the stock markets would collapse. The elite said that global financial markets would fall. The anti-Brexit crowd stated that if you were against the EU then you’re a racist and you’d have blood on your hands for everyone losing their money from the Brexit fallout.
The Nasdaq has pretty much erased all of the losses stemming from Brexit. Here is a chart courtesy of ZeroHedge:
Meanwhile, the Dow is hovering around the 18,000 mark and the S&P 500 has jumped above 2,100 on Thursday. European markets are up, the Hang Seng is up, oil is up. What happened to the talk of Brexit ending the world?