Booth Laird

Booth Laird Q2 2016 Newsletter

Booth Laird newsletter for the second quarter ended June 30, 2 016.

Last week, British citizens were given an opportunity officially to have their say via a nonbinding referendum on whether to remain in the European Union (“Bremain”) or to leave the European Union (“Brexit”). In a move that surprised global markets, British citizens opted for Brexit in a narrow margin. This is the second time in as many years that macro-economic news in another country at the end of June caused the U.S. stock market, and our portfolio, to drop. Just as we were last . . .

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