Why Investors Should Fight the Brexit Fear

Markets in London are bracing for what could be a wild ride in everything from foreign-exchange to stock trading as the U.K. votes on European Union membership. Voting booths will close at 10 p.m. on June 23, and the City’s traders could face anything from a market maelstrom to a whimper as results trickle in during the early morning hours on Friday. Bank of America Corp. expects a 10 percent downward jolt in equities if the country votes to leave the EU. Billionaire investor George Soros warned that the pound, the bellwether trade for Brexit watchers, could plunge more than 20 percent should voters back leaving. Coutts & Company Chief Investment Officer Alan Higgins discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown." (Video edited to remove incorrect graphic.)

The Main Takeaways From Theresa May's Speech in Florence
46:27 - Prime Minister Theresa May proposed for the first time to pay to maintain trading links with the European Union for up to two years beyond Brexit as she laid out her most detailed ever blueprint for a deal. Bloomberg's Richard Jones takes a look at the main takeaways from her speech in Florence, Italy. (Source: Bloomberg)
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