Seven Reasons Not to Panic About Markets’ Reaction to Brexit

No reason to set your hair on fire — this too will pass

by Brett Arends
Market Watch

If you’re panicking at what’s going on in the markets right now, don’t.

Here are seven things every investor should remember in a crisis like this.

1. This too will pass. Markets are panicking? Markets often panic. They’ve panicked a lot worse than this many other times. And each time in the past they recovered and then some. Anyone who bought stocks after Lehman Brothers has made a mint.

2. This is much smaller a deal than everyone is pretending. The entire European Union accounts for 17% of real world economic output — adjusted for purchasing power — according to the International Monetary Fund. That’s down from 24% at the start of the millennium.

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