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Wednesday, June 29, 2016

So Much For The Panic

Remember all those newscasters who were worriedly reporting on the panic on Wall Street over Brexit -- the one in which the major stock indices seemed to drop a lot when it was actually just a few percentage points?

Well, apparently the panic is over. It took all of two days for those indices to return to where they were last Thursday. Of course, "everything is fine" isn't much of a headline, but I'll take it over scaremongering any day.