by Adam English
Britain sinks into the sea, the sky is falling, and the market crumbles.
Or you would have thought so reading the last week’s worth of news, but the Brexit U.S. market correction has been about as mild as they come so far.
Sure, there is going to be a headwind on and off for years as this all pans out, but as I said over the weekend, it was a tempest in a teapot.
At least as of the writing of this article, the S&P 500 is back in the green by about 1.5%, and after the first bounce since the drop, it is only off about 2%.