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Brexit concerns rattle British stock markets – while US investors just shrug

Discussion in 'Market News' started by Lily, Feb 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Donald Trump might want to build a wall around the country, but that doesn’t mean you should do the same when it comes to your portfolio

    Brexit? What’s that? Among US investors, the news that London’s mayor, Boris Johnson, will campaign for the “no” side of the upcoming referendum over whether Britain will remain part of the European Union has been greeted with a giant yawn of indifference.

    Sure, Johnson’s decision drove the British pound to a seven-year low against the dollar and ignited a selloff in British stocks. But if you ask US market pundits what their domestic clients – Mr and Mrs America – should be doing to prepare for what many political analysts agree is a heightened risk of “Brexit” when the vote is held in June, you’re likely to find their guidance distinctly unhelpful.

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