Thoughts on Brexit Vote
Yesterday, citizens of the United Kingdom unexpectedly voted to become the first country to exit the European Union. Markets around the world have reacted very negatively as significant uncertainties now abound in Europe. This is a major event for the citizens of the UK, this is a major event for the remaining 27 members of the EU, but by itself, we believe this is not a major event for the global economy and should not alter your long-term investment strategy.…