RE: Theres some20 Jun 2016 19:32
it also makes sense if the data is good and we get a remain vote, obv's the markets will rally, and take us with them.
but... if the markets rally before hand then the yanks will sell the news (wider markets), they said so last night on the telly, and today, as there are far bigger things of concern than the silly little brexit vote, they cant really see what all the fuss is about and most err on the side of leave once they factor in the fact that the EU is not just a trade agreement, they would never give away their powers like we have done..
shortly after brexit vote the reality of the failed fed policies will kick in, they are now saying that at best they will get one more rate hike by 2018 (they wanted four hikes this year), and they are about to do stress tests to prepare for the worst, there is even a chance that they will flip the rate hike and go back to zero.
all the stuff at the beginning of the year that caused the drops are still there, nothing has got better, the markets may not have a memory, but the global economy has ;)
that soros bloke is still on for a win with his bets.
the positives for us though are LGS data soon, then within a few weeks we get more data, so im still thinking we can beat all time highs if all pans out well, just navigating it in this environment is velly velly tricky