Brexit -unwinding long positions

[Jet Cash]

I've just watched an interesting Bloomberg video. In it a guy hypothesises that the post Brexit drop in equities and other assets was not due to fundamentals, or even a weakening of the UK's economic prospects. It was due to the emergency unwinding of long positions that left so many speculators exposed. This accounts for the recent correction.

[BADecker]

Gas in my area went down a penny or two the day after Brexit. Now it is up about 8 cents above that decrease.

[criptix]

pretty sure the correction is caused by this:

http://www.wsj.com/articles/boes-mark-carney-hints-at-summer-rate-cut-146729978

/edit

in the case you dont have a wsj subscription:

http://www.cnbc.com/2016/06/30/brexit-uk-may-need-more-monetary-easing-by-summer-says-bank-of-england.html

[BADecker]

Everything that is expressed by the media has to do with maintaining the debt money Ponzi of the bankers. The whole banking system needs to be bypassed by Bitcoin, slowly so nobody but the bankers are hurt. Physical bitcoins need to be made in all of the Bitcoin denominations.

[Racey]

Speculators gambling our money away, always the same I think there is more insider trading going on, all band together to make more money, then they cause panic buying/selling, its no wonder the markets are unstable all the time, up down, sell buy, rinse and repeat.
The very same people over again.

[Masha Sha]

Everything that is expressed by the media has to do with maintaining the debt money Ponzi of the bankers. The whole banking system needs to be bypassed by Bitcoin, slowly so nobody but the bankers are hurt. Physical bitcoins need to be made in all of the Bitcoin denominations.

And protecting pedophiles like Bill Clinton, Donald Trump and Epstein and his friends! They have the money and power they bought themselves children to fuck on jet and island... Original in a sense. American decay. What surprises me the most is the defense industries that did nothing... O justice, O faith in this nation. They looted to rape children.