Don’t be fooled by the Footsie. The UK’s FTSE 100 index is back above last Thursday’s close, just before Britons voted to leave the European Union, and those in favor of Brexit are crowing that everything’s fine.
It isn't.
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Don't be fooled by the FTSE 100 – the future isn't bright
COMMENT: With years of UK and European uncertainty ahead, Brexit creates a wound that even central banks will struggle to heal
Don’t be fooled by the Footsie. The UK’s FTSE 100 index is back above last Thursday’s close, just before Britons voted to leave the European Union, and those in favor of Brexit are crowing that everything’s fine.
It isn't.