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Chakab

(1,727 posts)

8. I don't know how you can claim that "everything is coming back." They haven't even formally

Reply to Gabi Hayes (Reply #3)

Tue Jun 28, 2016, 12:26 PM

Jun 2016

triggered article 50 of the Lisbon Treaty to begin the real process of separation from the EU yet.

The panic in the past few days is an initial reaction to the outcome of the referendum, which was an advisory vote with no real legal implications.

When the next PM triggers article 50 and begins the exit process, the market is really going to tank.

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You Brexit - You Fixit..... [View all] global1 Jun 2016 OP

Conservative British nationalists will not accept any blame and will double-down pampango Jun 2016 #1

You pretty much nailed what is and will happen in the near term. Wellstone ruled Jun 2016 #2

People should not be having to sell equities on a 5% drop in value. yellowcanine Jun 2016 #6

Sorry Guy, Wellstone ruled Jun 2016 #13

That's your experience. Doesn't have to be that way. yellowcanine Jun 2016 #15

Agree,withour a doubt you must have got lucky as to timing Wellstone ruled Jun 2016 #16

you didn't sell, did you? looks like everything is coming back. I hope you Gabi Hayes Jun 2016 #3

I don't know how you can claim that "everything is coming back." They haven't even formally Chakab Jun 2016 #8

No one knows but one can make the case that Brexit will be good for the 1% who drive the stock pampango Jun 2016 #10

The bottom did not fall out of the stock market. The Dow dropped about 5% over 2 days. yellowcanine Jun 2016 #4

After today's close, even the FTSE is only down less than 2% over the last week Major Nikon Jun 2016 #9

Well, nothing very promising has emerged so far TubbersUK Jun 2016 #5

Don't sell your stock C_U_L8R Jun 2016 #7

Good point. The collapsing pound makes the British poorer but it is great for visiting Americans. pampango Jun 2016 #11

London voted against leaving the EU struggle4progress Jun 2016 #12

I started a thread wondering about my colleagues malaise Jun 2016 #14