US equity futures are tumbling at the open following Cable and USDJPY's dive. Dow futures dropped 100 points (down 900 points from pre-Brexit highs) and broke below Friday's early crash lows...
From Friday's 18,025 highs to 17,128 lows... but the fundamentals?
Do not worry though, The IMF is on it...
- *IMF'S LAGARDE SAYS MARKETS HAD VASTLY UNDERESTIMATED BREXIT
- *LAGARDE SAYS NO PANIC DESPITE MARKETS UNDERESTIMATING BREXIT
- *LAGARDE: UK, EUROPE OFFICIALS HOLDING UNCERTAINTY IN THEIR HAND
So we should buy stocks?