Doug Fabians Etf Strategies

You Cannot Plan for Financial Armageddon

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Synopsis

1) A Brexit-Inspired Selloff   The markets have sold off over the past four trading sessions, as investors around the globe are worried about a so-called "Brexit," which is an exit of the U.K. from the European Union. The vote is in less than a week (June 23), and we're seeing polls indicate the "leave" vote is in the lead. If there is a leave vote, it will fuel fears of an EU collapse, and that will cause a lot more flight to safety of capital. Here at home we had the Fed meeting this week, and based on what Janet Yellen has signaled, we aren't likely to see another rate hike until after the presidential election. In fact, Yellen is sounding downright nervous about the state of the economy, and that's caused stocks to pullback. So, how did the rest of the markets perform this week? Find out all of the details in today's kickoff segment.  2) You Cannot Plan for Financial Armageddon Preparing for natural disasters such as earthquakes or storms makes sense, but does it really make sense to invest like