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Brexit

Markets Hate Surprises

Submitted by Radix Financial on July 7th, 2016

Last Thursday, residents of the UK, in a country wide referendum, voted 52% in favor of leaving the European Union, a so-called “Brexit”.  This largely came as a surprise, as most polls were predicting a victory for the “stay” camp.  Markets hate surprises, and as a result, we saw a global equity sell-off as investors headed for the sidelines.  In the

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