FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result
Stock-Markets / Financial Markets 2016 Jun 29, 2016 - 06:30 AM GMTBy: Nadeem_Walayat
On Thursday 23rd of June 2016 the people of Britain confounded all expectations by voting to LEAVE the European Union, triggering political pundits in the mainstream media to write reams and reams of gibberish for why Britain voted for Brexit, when the reason why is very simple and self evident in the results themselves! Namely that the people of Britain from right across England and Wales rebelled against the London Westminister elite, and so London along and a few other southern regions were the only ones to vote for REMAIN.
The people of Britain rebelled against the Westminister elite, rebelled against the bankers and rich who have owned Britain for centuries who were expecting Britain's provincial wage slaves to dutifully vote to REMAIN within the European Union as being in the establishment elites best interests rather than that of the British people who have had to suffer the consequences of likes of out of control immigration as the establishment elite effectively imported millions in cheap slave labour from across eastern and southern europe regardless of the social and infrastructure capacity consequences that I have covered in countless articles and videos over the past year.
My last video covered highlights of key events during 8 hours of the BBC's coverage of the referendum results night. Whilst in this video I will cover exactly what happened on the financial financial markets, primarily in terms of Sterling and FTSE futures during a very volatile trading session that draws a line under the build up to the vote and its immediate aftermath and which sets the scene of what I expect across a wide range of markets of what to expect next over the coming months and YEARS!
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By Nadeem Walayat
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Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
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