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Brexit 'Disaster' Propels British Stocks To Record Highs

Via Dana Lyons' Tumblr, Far from being a financial catastrophe as predicted, the aftermath of the Brexit vote has seen British stocks soar over 20% to all-time high ground. As veterans of many decades in the financial markets, one thing we can tell you with a reasonable degree of certainty is this: using news events to guide one’s investment strategy is an impossible, and thus futile, endeavor.
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