June 24th, 2016 | By Brendan M. White, CFAIn a referendum held Thursday, June 23, voters decided the UK should leave the European Union. This outcome, otherwise known as "Brexit," will have a significant impact on the UK economy and will send ripple effects through the global economy.
Fort Washington’s initial view on the outcome is outlined below:
As more information comes to light on this historic vote, Fort Washington will keep you up to date with viewpoints and perspective.
The views and opinions expressed in this commentary reflect subjective judgments of the author based on current market conditions at the time of writing and are subject to change without notice. Unexpected events may occur, there can be no assurance that developments will transpire as forecast. This publication has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product.