The world has not come to an end

The limitations of the immediate fallout from the “Leave” vote are already taking shape in some global equity and risk markets - less than a week after the historic referendum. Despite all the angst, table pounding and rabble-rousing that defined the days...

Brexit Uncertainty Drives Volatility

Last week’s price action in US equity markets was dominated by a downshift in economic outlook by the FOMC, mixed US economic data, heightened concern over a “Yes” vote in the UK’s referendum on European Union membership and as a result,...

Five Days and Counting

Including the previous Friday’s trade, the Dow Industrials have subsequently posted their first consecutive five-day losing streak since February. More importantly, US equity markets reversed lower on a day when the Fed not only left rates unchanged but also...