As I suggested in my podcast remarks of last Thursday, June 23, London’s betting houses weren’t in line with the sentiment of the man on the street in the U.K. And now we know that England’s voters have decided to begin reclaiming a measure of self-determination by breaking with the oligarchs in Brussels.
This will be an evolving story; and NOBODY can possibly know ALL the ramifications of this in the years to come.
What we CAN do is 1. Keep a level head, 2. Seek first to protect ourselves from losses in our portfolios and 3. Take advantage of those new and existing opportunities that are likely to benefit the most from the post-Brexit world.
I have articulated a series of themes–investment and geopolitical alike–since the end of last week: here are links to the two most important podcasts/interviews:
* I started first thing last Friday morning joining Mohamed El-Erian and a few other guests on Benzinga.com’s Pre-Market Prep show. The archive of that show — in which I discussed several specific recommendations as well as the identity of the two countries whose markets will benefit the most from the E.U.’s dissolution–is at https://soundcloud.com/bztv/premarket-prep-for-june-24th-brexit-busts-up-the-market?in=bztv/sets/daily-broadcasts
* In a special Roundtable on the Korelin Economics Report Monday afternoon the 27th, we spoke as much about the geopolitical issues surrounding the rebellion against the European Union’s top-down governance. This is one of the most provocative interviews I’ve given (don’t worry, I talk about some investment themes too!) It’s archived at http://www.kereport.com/2016/06/27/big-al-doc-lpg-opine-brexit-time/
ALREADY ON MONDAY, JUNE 27 I’VE ISSUED THREE E-MAILS TO REGULAR MEMBERS WITH SPECIFIC INVESTMENT INSTRUCTIONS.