The sky is falling! The sky is falling!
That’s what we were led to believe by the chicken
shi er, little bunch of “journalists” so desperately eager to prove that the Brexit vote was the end of our economy as we know it.
The day Britain voted, June 23, the Dow Jones Industrial Average closed at 18,011. 07.
On June 27th it closed at 17,120.24. See, they were right. Brexit was a disaster for us…
…now, just three days later and just one week after the Brexit vote, the Dow closed at 17.929.99. That is within 100 points of where it was in the first place; a week-to-week difference no one would have blinked an eye about if the Brexit vote had not taken place.
So tell me: are you waiting for the same “journalists” who were screaming about Brexit as an economic catastrophe for the USA, to reverse field and talk about how in one week things were right back where they were? Maybe toss in a few comments about how stock traders made fortunes this week by buying into the panic and, now, selling at a huge profit? About how much George Soros cleared this week?
For your sake, I hope not. That isn’t going to happen. Media don’t like to admit they were played this way.
But they were.