Brexit caused a big down day in equities. 2 trillion $ in value is now gone. It looks like an all time high was reached the night before, then americans woke up to a big gap down as the votes were counted in merry old england. The s & p was down over 3%. Im liking it. Maybe this is the first step in the equity selloff. Of course, i would prefer a non-energy sell off rather than an all out equity sell off. I dont have control over that. China cant go much lower so my china trade may push up as the west goes down. My oil trade is still thinking but i know eventually it will disconnect with the rest of the market. Soon it may be considered a safe haven.
We'll see.
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