by Nadeem Walayat
Britain’s vote to LEAVE the European Union triggered immediate financial markets panic that prompted the Bank of England to implement its emergency market rescue plan that included making upto £250 billion available to Britains banks that succeeded in halting the BrExit financial panic in its tracks as sterling stabilised at lower levels whilst the FTSE soared into the stratosphere recovering all of Fridays plunge and registering its best weekly gain in over 4 years. So what’s next for the financial markets? Is the BrExit financial storm over? Find out in Part 2 of the Implications of BrExit on the financial markets, stocks, sterling, house prices and UK politics.