How Brexit will impact your future

In this February 16, 2016 file photo, a British and EU flag stand side-by-side at European Union headquarters in Brussels. After two days of major losses following the Brexit vote, British and European stocks are rising Tuesday. Uncertainty from the Brexit fallout still has investors and economists worried about a potential recession for the UK. (AP file)

INDIANAPOLIS (WISH) — A week after Britain’s shocking vote to leave the European Union, markets seem to have pushed the pause button.

After a two-day spree of near panic selling that wiped out an unprecedented $3 trillion from global markets, investors, analysts and pundits in the U.S. and abroad spent the week following the vote collectively revising their knee-jerk reactions to what has become known as the “Brexit” vote.

Markets closed out the week just a hair below their pre-vote level, with the S&P 500 index rebounding from a 5.3 percent drop to finish just 10 points below where it started.

A week after Britain’s historic “leave” vote, what’s the outlook for markets and the economy? Is the sky really falling, or are there opportunities, if not silver linings, for investors?

Joe Clark, of the Financial Enhancement Group, stopped by WISH-TV to discuss the impact of Brexit on Hoosiers’ futures.

Watch the video above for the full interview.

The Associated Press contributed to this story. 

Comments are closed.