Doug Fabians Etf Strategies

Brexit, Geopolitics and Your Money

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Synopsis

1) Surprise! Brits Vote Brexit   The markets got hammered Friday, as stocks sold off hard after the surprise vote by the U.K. to leave the European Union, a.k.a. to "Brexit." The Dow tumbled some 500 points midway through Friday trade, but even with that big decline the broad U.S. market isn't really down all that much on the week. The rally leading up to the Brexit vote helped temper Friday's losses. So, what does the Brexit mean going forward? And, how did the rest of the markets react to the news—including the bonds, the dollar, gold and other commodities? Find out all of the details in today's must-listen leadoff segment.  2) Brexit, Geopolitics and Your Money   The Brexit vote is more important for markets than simply today's big selloff. I think the vote to exit the EU has a lot to do with citizens being fed up with all of the regulations that come from the ivory tower in Brussels, where EU officials sit around and make up rules they think are in the best interest of individuals. The prob