June 2016

BREXIT: The Markets’ Reaction – Irrationality at its Best

Jun 24, 2016 | LBW Insights | 0 comments

As most of you already know, as of yesterday the United Kingdom (“UK”) voted on whether to stay in the European Union or to exit (hence the media hype word BREXIT). Many pundits believed that due to the “status quo bias”[1] that Britons would vote to remain in the...

BREXIT: The Markets’ Reaction – Irrationality at its Best

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