Quarterly Review – Second Quarter 2016

The morning after the Brexit referendum confirmed the “Leave” victory, Bloomberg News ran an article titled, “Can we talk about last night?” And as funny as it is to compare the referendum decision to a one-night stand, the implications of Brexit will last far longer than until the new work week begins. Impulsive reactions in life, politics and in the investment world can be met with negative results. In the aftermath of the Brexit vote, rash investors rushed to sell at the lows, only to see the markets rebound in the following days. Going forward, we are very likely to see meaningful global equity market gyrations given other regional macro-economic and political issues. 

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2019-07-15T15:29:27+00:00

About the Author:

Robert Davis is a Partner and the Chief Investment Officer of Round Table Wealth Management. Read Robert's Biography >