- The U.K. vote injected longer-term doubt into markets: Will U.S. corporations maintain their Earnings Per Share expectation for 2016?
- These key core strategies will help you stay above the fray and earn 2.2% monthly. That’s a 29.8% annualized return.
With the newborn Brexit now a shocking reality, the markets are in a tailspin. Your actions dictate your portfolio… but what’s the best strategy?
As you know (or should by now), the U.K. voted to leave the EU on Thursday.
Over the next few weeks, you’ll be inundated by the media (what I like to call the mediots) with predictions on what it all means.
None of them know.
Sure, they sound convincing, but I’m simply going to call bull on all of them. If you waste your time reading every article or watching every minute of financial-porn TV, you’ve been warned.
Here’s what you can expect:
Increased volatility in capital, credit, currency and bond markets for the next few months.
Impact on multinationals as the dollar rises against the pound and the euro (think earnings).
Lowered capital investment globally, at least until corporations know the impact of the U.K. departing the EU.
No rate increase; the Federal Reserve just had their rate increase legs chopped out from beneath them.
Sounds unpleasant, right? Fortunately, there’s plenty you can do about it…