Posted on Jun 24, 2016
Pound Plunges on U.K. Vote to Leave the European Union
1.62K
4
7
1
1
0
http://www.wsj.com/articles/u-k-pound-jumps-after-brexit-polls-close [login to see]
US Dollar the big winner in U.K. leaving EU.
US Dollar the big winner in U.K. leaving EU.
Pound Plunges on U.K. Vote to Leave the European Union
Posted from wsj.com
Politics
London
Money
Europe
European Union
Posted >1 y ago
Responses: 5
1
1
0
1
1
0
We'll see. Here's the thing, when the dollar is very strong, it means that yes, we can buy a crapload of stuff, but there are potential problems, like the fact that other folks won't be able to buy OUR manufactured goods (and yes, the US still makes stuff, or so I hear), which could have negative effects on what's left of our middle-class, long(er) term.
Volatility always seems to screw with my retirement accounts.
Volatility always seems to screw with my retirement accounts.
(1)
(0)
Alan K.
CW5 Andrew J. Foreman - Exited the market the beginning of the week....Whew! Cash and P/M's in hand until this all sorts out.
(0)
(0)
1
1
0
It's time to get out the travel brochures. This is going to be a great time to visit Great Britain. Not only will the dollar buy more but also there's going to be lots of partying in the streets.
(1)
(0)
Read This Next
Continue with Facebook 
Continue with Google