It’s Not The Event That Matters But The Response To The Event

Brexit looked like the end of the world — until people figured out that central banks would have to ease in response. Then markets turned positively jubilant with US stocks, for example, hitting record highs.

Brexit looked like the end of the world — until people figured out that central banks would have to ease in response. Then markets turned positively jubilant with US stocks, for example, hitting record highs. The result: A world of mounting debts, weekly terrorist attacks and even military coup attempts alongside financial assets priced for perfection. Wonder which side is right?

Audio Length: 00:09:37 (Click on the "Play" button to listen to the podcast)

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