Get on board!
Thursday’s “Brexit” vote shook up markets worldwide. Strong reactions from commodities, stocks, bonds, currencies – everything was affected by the vote. Whether that’s warranted or not time will tell. Is it the beginning of the end for the European Union? After all, the United Kingdom was not a part of the Euro currency and thus was really sort of only halfway into the EU anyway. Is this the first really serious rejection of the past couple of decades of globalization? It seems so. There appears to be those who embrace globalization as a positive force for how we can now seamlessly move goods and services around the world in one massive marketplace. (more…)