Thursday, June 23, 2016

Brexit: Soros vs. Cramer

June 20, 2016
The Brexit crash will make all of you poorer – be warned

Too many believe that a vote to leave the EU will have no effect on their personal financial position. This is wishful thinking. It would have at least one very clear and immediate effect that will touch every household: the value of the pound would decline precipitously. It would also have an immediate and dramatic impact on financial markets, investment, prices and jobs.

June 22, 2016
Cramer: Brexit fears are totally overblown

Even if the United Kingdom votes to leave the European Union, Jim Cramer simply refuses to believe that it will be a momentous or terrifying event.

Even all the way across the great pond, American S&P 500 futures are currently down 5%. Score one for George Soros.

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