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Hopefully, there will not be any other days like this soon.
Monday, June 27, 2016
World Financial Markets lost 2 trillion dollars on June 24th 2016
Financial markets reacted negatively to the outcome. Investors lost more than the equivalent of 2 trillion United States dollars on 24 June 2016, making it the worst single day loss in history.[19] Stock markets around the world crashed.[20] The value of the pound sterling fell to a 31-year low.[21]
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Here we have a most profound demonstration of how world Markets hate uncertainty. They believed "erroneously" that Brexit would not pass so when it did it became the biggest single day loss of 2 trillion dollars in World History worldwide.
Hopefully, there will not be any other days like this soon.
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Hopefully, there will not be any other days like this soon.
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