It was a fairly low volume, beguiling tape, as traders sit on their thumbs ahead of tomorrow’s BREXIT vote. Absentee, summering, hedge fund managers are probably instructing their junior traders to go to cash and avoid risk, else feel the end of their lash.
Personally, I have no idea where the vote will land. All I know is that it’s a red herring, a distraction from the true underlying issues plaguing markets.
Nevertheless, markets will be on edge tomorrow, on this momentous occasion–which is probably the most important referendum post WW2.
Top picks: The Ark, Gold.
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