Is the Brexit Debacle Going to Crash the Market … Again?

by Avi Gilburt
Gold Seek

We are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the “cause” of that market move. But, how often have we seen markets react in the exact opposite manner in which the substance of the news event suggests?

While science has moved away from Newtonian physics, stock market analysts have not.

Wednesday, we saw a perfect example of this conundrum.

For most of the day on Wednesday, the media was warning us about the disastrous effects that a failed Brexit vote would have on markets around the world.

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