Brexit Meltdown (now with charts!)

We haven’t seen numbers like this since the financial crisis — although to be fair, these numbers bring us in the USA back to where we were on Monday, prior to the rally this past week; Europe seems to be getting punished to a much greater degree.

A few interesting charts worth sharing:

 

British Vote: London & Scotland “Stay,” Most of England “Leave”

Screen Shot 2016-06-24 at 6.50.18 AM
Source: Bloomberg

 

What Issues Mattered Most to Voters

Brexit-issues
Source:YouGov

 

Or the votes presented as a table:

screenshot-2016-06-24-00-18-30
Source: Fusion

 

Markets Around the World Fall between 4-15%

Click for up dated futures

Europe

futes 6.24 eu

 

US Futures Indicate 3-4% Lower Opening

futes 6.24
Source: Bloomberg

 

Global Markets in Table format

global markets
Source: Bloomberg

 

Despite the Selloff, Brexit’ Is No Lehman

vix
Source: WSJ

 

But Currency Markets Have a 10-Sigma Movements

Cls6nfTXEAA4zj1
Source: Bloomberg

 

Polls forecast close race, but got it wrong

polls
Source: Bloomberg

 

Safe Havens Attracting Risk Off Trade

safe haven
Source: Bloomberg

 

British Pound back to levels not seen since 1985

pound
Source: Washington Post

 

The “Leave” Camp Trusts No One

trust
Source: Bloomberg

 

UK has benefited from the EU Membership

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Source: FT

 

Younger Generation feels Old Folks Stuck it to them

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Source: Fastcompany

 

Its not just the Brits: Most of Europe does not like the EU

ever_closer_correct.png.CROP.original-original
Source: Slate

 

Brexit’s First 100 Days: Chaos vs Damage Limitation

Screen Shot 2016-06-24 at 6.57.16 AM
Source: Bloomberg

 

Foreign Ownership of UK government bonds = 26%; Germany and France > 50%

gilt uk ger fr
Source: Deutsche Bank

 

Does Scotland now try to leave the UK and rejoin the EU?

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Source: BBC via Liz Ann Sonders

 

How Bad is this for Business in UK?

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Source: FT

 

Although there are still many ties between UK and EU

Cls2xm-WgAAPKYo
Source: NYT

 

But the Slump in Pound = possible growth of tourist spending in Britain

tourists
Source: Gadfly

 

 

 

Some other links:

  • A Bloomberg News primer on how Brexit’s first 100 days promise chaos, fear and damage limitation.
  • The Guardian outlines the aftermath of Brexit and considers theimplications for everyday life in the U.K.
  • Articles on the implications of Brexit for the Europe Union by theTelegraph and the Economist.
  • London School of Economics papers estimate the economic consequences of Brexit and consider British options outside the EU.
  • The U.K. Treasury considers the economic impact of Brexit.
  • The Open Europe think tank offers recommendations for the U.K. post-Brexit.
  • The Guardian: Is the Referendum Legally Binding?
  • Brexit indicators and poll tracking from Bloomberg, plus a story truth-squadding the arguments.

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