When stock investors, bond investors, economists, Wall Street banks, the IMF, bookies and global governments all failed to predict Brexit would actually happen, chances are you didn’t either. According to The Reformed Broker’s Joshua Brown, that’s okay.
Sometimes unexpected things happen in global financial markets. But the aftermath of the Brexit vote is a great opportunity to explore the difference between portfolio construction and portfolio positioning.
“Who was positioned correctly? We’ll find out,” Brown wrote. “But the bigger question is whether or not it was terribly important to have ...
/www.benzinga.com/analyst-ratings/analyst-color/16/06/8161391/were-you-positioned-for-brexit alt=Were You 'Positioned' For Brexit?>Full story available on Benzinga.com
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