Pursuits

‘Panic Is Palpable’ as Markets Swoon on Brexit Vote Few Expected

  • Investors grapple with high volatility, thin liquidity
  • Pound, euro plunge by records as haven assets advance

Watt: Pound to Reflect U.K. Current-Account Deficit

Lock
This article is for subscribers only.

Chuck Self got into the investment business 36 years ago, but he’s never seen markets like this.

“This kind of thing happens once in a lifetime,” said Self, the chief investment officer of iSectors LLC, an Appleton, Wisconsin-based asset manager. “Most people will be feeling pain.”