My portfolio performance – June 2016 – Brexit

What a miserable month.  Or so you’d think from all the media commentary post the Brexit referendum. But was it so bad, for those of us measuring results in pounds, actually?

Clearly the big event was the UK deciding to leave the EU.  Or rather, deciding that it doesn’t want to stay in the EU under the current arrangements.   Politically the UK has descended into ultrashambles.  But FTSE is approaching its all-time peak, closing June above 6500, and S&P was almost exactly flat.

What else happened in June? Who cares… or that’s what I feel like as the Brexit vote ramifications sink in.  We won’t forget June 2016 in a hurry, football fans or not.

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