Well, we had a night with record thunder storms here in southern Sweden but the biggest thunders were evidently saved for this morning when we were served BREXIT with our breakfast! A big disappointment for an anglophile like me personally, and for 48% of the British population! And for the financial markets (USD/SEK +39öre, Gold +56 $/Oz, Nikkei -8% and counting....).
Let’s hope both the good things and the bad things that come out of this will turn out to be better than expected... It is not impossible!
Scheisse!
THIS IS HANS BYSTRÖM'S BLOG ON ISSUES RELATED TO THE GLOBAL FINANCIAL MARKETS. Some entries will be in Swedish and some in English, depending on the context.
juni 23, 2016
Brexit?
Today it is June 23, 2016. And tonight we will know whether Britain stays in the EU or not....
Today, The Independent reports two different poll results where the first says 44% for Remain and 45% for Leave and the other one says 43% for Leave and 41% for Remain.
Today, The Telegraph reports 51% for Remain and 49% for Leave.
In other words, a close call! A most interesting day for all investors out there! My guess, however, is that many undecided voters will vote for the safer option and vote Remain! I also think media etc. are biased and thrive on polls being close to 50/50. Therefore, my bet is that Britain will stay in the EU!
AND, PER DIO, I CERTAINLY HOPE SO!!!!!!!!!!
Today, The Independent reports two different poll results where the first says 44% for Remain and 45% for Leave and the other one says 43% for Leave and 41% for Remain.
Today, The Telegraph reports 51% for Remain and 49% for Leave.
In other words, a close call! A most interesting day for all investors out there! My guess, however, is that many undecided voters will vote for the safer option and vote Remain! I also think media etc. are biased and thrive on polls being close to 50/50. Therefore, my bet is that Britain will stay in the EU!
AND, PER DIO, I CERTAINLY HOPE SO!!!!!!!!!!
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