Secret BoE "Brexit" E-Mail Accidentally Sent To Guardian

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Mark Melin
Published on
Updated on

Oops. A secret Bank of England study on the impact of the island nation leaving the European Union was leaked apparently by accident ahead of a public referendum on the issue. An email from the BOE sent to The Guardian newspaper in London indicates a small group of senior staff at the central bank are conducting research on the impacts of a “Brexit.” Business leaders and pro-EU campaigners have warned of dire consequences if England leaves the EU, saying such a move would damage exports and the standing of the island nation and London as a world financial capital. Brexit…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.