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Re: Whalatane post# 83613

Friday, 06/24/2016 1:44:51 PM

Friday, June 24, 2016 1:44:51 PM

Post# of 426525
ok, I agree that there is an impact upon our global companies due to currency. I doubt however that S&P earnings forecasts will come down by much...but agree that it is unfavorable not favorable.

There are still thousands of smaller, domestic oriented companies that are unaffected by currency.

The Brexit vote is a major shock to the UK political elite and perhaps a message to other politicians that popularism is growing.

Trump will hear this message.

The other effect is that the US Fed will be less likely to raise rates in July or Sept.
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