Investment Matters

The markets: a Brexit mess

The Australian market has had a wild week.  And an even wilder Friday.  As you might expect, it's all about Brexit.  At the time of writing, the market was down about 3%.

But it doesn't matter.  The clearer market direction will come on Monday, after we see how London and New York react to Brexit.

The US market had a strong week, up 1.7% until New York closed last night.  But that was before the UK referendum.

This week (All Ordinaries Index)

Brexit again week

FYTD (All Ordinaries Accumulation Index)

Brexit again FYTD