- July 22, 2016
- Posted by: ABO Capital
- Category: Publications by Zandre Campos
No Comments
With the astonishing UK Brexit vote, the mantra of “think global, act local” has been turned on its head. In many countries worldwide, the international view of “think global” seems to have fallen out of favor. The trend now seems to be toward a greater focus inward on more national concerns.
Yet the impact and effects of Brexit actually demonstrate how interconnected we all are. In the days following the vote, stocks swooned and currencies fluctuated in markets across the globe. From a purely economic perspective, it’s been shown time and again that what happens on Wall Street, in Europe or in China, affects investors on a worldwide basis.