Shesa's JUN/JULY 2016 INVESTMENT BLOG
4 July 2016 JUN/JULY 2016 Investment Blog Shesa Nayak Wishing all the readers in USA “Happy Independence Day”. Apologize for not able to publish my JUN blog on time due to BrExit phenomena. As I wrote to my investment group members, I wanted to study and analyze the impact before publishing my blog. Thanks for your patience. U.S. Stock Market Commentary: There were a couple of major events those took place in last few weeks. First, the Fed meeting on June 17, as expected there was no interest rate hike. Second, the Brexit poll that took place on 23 rd June wherein Britain voted to get out of European Union. After the vote, more than $3 trillion in world equity values were erased. However, the markets have bounced back nicely in last few days. What are the consequences BrExit? What does it mean for our investment? I will pen more but let’s first take a look to the U.S Stock Market Indexes. U...