iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,551 Blog Posts

Markets Close Near the Lows, As BREXIT Vote Looms

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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