This is fairly boiler plate jargon by this tool at BofA/Merrill. Essentially, the UK is doomed for at least 3 quarters and the rest of the world is in for a very severe beat down, should any other freedom loving lads in Europe move to separate themselves from the fascist regime of the EU.
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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
23,376 Blog Posts
Really? They are going to blame Brexit for the crash? Its not a mountain of mal investments but Britain’s dropping Eu like a two bit whore. and people wonder why the market keeps blowing up.
It’s about the banks. Again.
I’m not buying stocks until I see at least a 30% drop in the major averages. Never let a crisis go to waste.
That guy was serving me chicken at Los Polos the other day. WTF is he doing in TV?