The Cost of ComfortGuest Post
Wow. That escalated quickly. After years of head fakes and empty threats by members of the EU, investors had been lulled into complacency a la Public Enemy – Don’t Believe The Hype. Whoops.
But now that Britain has let the genie out of the bottle, that false sense of security has been shattered. And as a result, investors are fleeing risk assets in favor of safety. They would be wise to remember that short . . .
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