Visit MarketVector For a slightly different take on all of these forecasts: MarketVector.com Forecasts
In the end, Britain will be just fine. However, Britain leaving the EU is a tremendous vote of no confidence for the European Union.
Again, all of the major stock markets around the world sold off. This is yet more proof that all of the stock markets around the world are inter-connected. When they go, there is no other stock market to run and hide.
The first quarter 2016 U.S. real GDP growth rate came in at 0.8% annualized growth, or (the more appropriate) 2.03% year-over-year growth. Our estimate of the 1st quarter 2016 real economic growth is -2.2% year-over-year.
|June 24, 2016 (Close of Day)|
|US GDP Growth, %||2.03|
|US Inflation Rate, %||1.02|
|US Unemployment Rate, %||4.7|
|Gold Price, $/oz||1,315.50|
|WTI Oil Price, $/bbl||47.64|
|US 10 Yr Treasury, %||1.57|