Friday, 24 June 2016

Soros shorts the Pound again!

Big bets that pay off.

Going by the cost/benefit analysis, this move, quite obvious in the hindsight, had a lot on the upside and a relatively small downside as the Leave vote was almost priced in.

EU 50 after opening

The state of the EU 50 index after the opening of the European markets after historical Brexit vote.

Historical indeed

As noted earlier, this is the historical reaction to Brexit.

Monday, 20 June 2016

"Thursday and Friday are going to be historical"

Mohamed El Erian's view of the current events, mainly Brexit: link