TJ 164: The Brexit

Join Matt and Tim as they dive into the Brexit and its shakings on the market, then stick around for an interview between Tim and international trader Steven Cindric on what it's like to trade from different countries around the world. The UK voted to leave the EU last week, and the markets reacted sharply. The Pound shed 10%, every market across the globe had a down day save for precious metals, and VIX spiked considerably. All that aside, the will of the majority has spoken, and it's only a matter of time until Article 50 is invoked to begin decoupling processes between the EU and the UK. Part of the remaining market anxiety is likely due to the UK not triggering Article 50 and adding finality to the proceeding. Once that occurs, volatility should drop as the new treaties and trade deals fall into place.