You are talking about stock market effects - often not based on reality.
Tell me the effects based on economic rationale?
Will GB still trade?
Is capital (money) still cheap?
Will widget still be made, will the bread be baked and will the cows still be milked?
Yes, of course GB independence will have an affect on immigration, visas by Poms will be required to visit European, same with Europeans visiting pommyland etc etc. There is no major economic rationale for the markets to have acted the way they have except to transfer wealth away from some to others in a mood of blind panic.
As I have said numerous time before GB leaving the EU will probably have an positive affect on the Aussie economy and don't believe the spin doctors about a free trade agreement that was being negotiated with the EU because free trade agreement don't exist they are preferential trade agreement where we continually lose.
Could someone please provide the numbers on exports and imports from China since we have signed the supposed free trade agreement. The Chinese even put a import duty on our vitamins since the agreement (hey, what happened to free trade).
CVN Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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