Market musings: Boris’ Britain under pressure as markets continue to slide
Brutal. That’s about the best way to describe the way markets have reacted since Thursday’s monumental decision by the British electorate to exit the European Union. Sterling has plunged, markets around the globe have moved sharply lower, and government bonds continue to plumb new depths. Amid one of the most dramatic spells for investors since the credit crunch, MRM is providing our own take on events, the first of which is below.
