Nomura Warns “Do Not Underestimate The Global Contagion” From Brexit
by Tyler Durden
ZeroHedge.com
Jun 24, 2016
In a nutshell, Nomura expects the global impact of the Brexit to be more through the financial, confidence and psychology channels than simply through trade. Their warning is to not underestimate the depth and reach of global financial market contagion, which seems to have increased since 2008.
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