Post-Brexit Drop in Stocks Viewed as Economic Indicator: Chart

Pricing Market Risk and Weakness Post-Brexit

Falling stock prices after the U.K. vote to leave the European Union point toward worsening economic data, according to Keith Parker, a global equity strategist at Barclays Plc. Parker compared the MSCI All Country World Index, a benchmark for developed and emerging markets, with a Citigroup economic surprise index for the Group of 10 countries in a report Monday. “Data developments will likely be net negative for risk,” he wrote.

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