Re BREXIT, looks like the powers-that-be are getting nervous.
Seems a prudent move by the brokers. They don't want retail accounts to take such a huge hit, they can't meet margin calls.
When more recent polls showed Brexit leading, it was said the market had only baked in a 30% chance of it occurring. Last week the market bakery got very busy. This week the bookie bets have unbaked some of last week's muffins.
Even if the market has baked a Brexit in perfectly, if it occurs, one can bet the market will take a nasty tumble on the FUD. The 11K talking head rumor seems overkill. A Brremain result, and things will soar. With the big kids getting rid of their hedges.
Damn Brits!
The Jewel of the Mind is Colored with the Hue of what it Imagines
