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Brexit: Our Thoughts On The Headlines

Posted by Team HFM on June 30, 2016

The U.K.’s Brexit vote certainly surprised the markets and created volatility which was quite pronounced for several trading sessions, but markets have since returned to more normal trading patterns. However, it’s important to understand that the volatility may well continue for some time to come, as it could take more than two years for Britain to disengage from the European Union. As they say in England, “keep calm and carry on”...

In mid to late May, credit rating agencies Standard & Poor’s and Fitch both downgraded the state of Connecticut’s general obligation (GO) ratings one level to ‘AA-‘, on par with Moody’s Aa3 GO rating

Like it or not, interest rate affect us in many areas of our financial lives.