Brexit Mattered for a few days, and then it went back to not mattering at all. The Great Italian Banking crisis lasted all of two days. Grexit? Ebola? The Jobs Report trumps them all, and
Morning Thoughts
Morning Market Perspective – The Italian Banking Crisis Edition
Morning Outlook
The market continued it strong rally from Monday's lows, with the VIX yet again leading the way. Perhaps more importantly the financials are picking up some momentum. Yesterdays stress test and subsequent share buyback announcements should continue to put a bid under financials, which in turn should help keep the overall market moving higher.
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Tuesday Market Thoughts
Divided Kingdom Creates Historic Market Moves
The long awaited Brexit is now reality. The final vote is in. The United Kingdom has voted to leave the European Union by a 4% margin. Not exactly a resounding victory and reflects more a Divided Kingdom than a United One. The markets, in response, are busy putting in some historic moves.
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