BREXIT is very real

UK’s referendum on 23 June on whether to stay in the UK or leave the EU.

Based on initial survey, the breakdown of voting based on age groups is shown below:

 

Brexit2.png

The above survey clearly show that the higher-age groups are in favour of BREXIT.

Source: http://www.theguardian.com/politics/2016/apr/02/eu-referendum-young-voters-brexit-leave

Based on the outcome of the survey, a simple analysis was made as follows:

Brexit1.png

Final Prediction – there is 48.1% probability that UK will remain with EU. Too close to call. If BREXIT does materialise – volatility will definitely spike coupled with flock of funds into safe haven assets  such as USD and gold.

 

DISCLAIMER: ALL ARTICLES CONTAINED IN THIS SITE ARE FOR INFORMATION AND ILLUSTRATIVE PURPOSES ONLY AND DOES NOT PURPORT TO SHOW ACTUAL RESULTS. IT IS NOT, AND SHOULD NOT BE REGARDED AS INVESTMENT ADVICE OR AS A RECOMMENDATION REGARDING ANY PARTICULAR SECURITY OR COURSE OF ACTION. SOURCES USED IN THIS SITE HAVE NOT BEEN INDEPENDENTLY VERIFIED FOR ACCURACY. YOU SHOULD SEEK INDEPENDENT AND PROFESSIONAL INVESTMENT ADVICE IN REGARD TO YOUR INVESTMENT DECISIONS. THE AUTHOR MAY HOLD POSITIONS IN THE SECURITIES MENTIONED ABOVE.

Author: Ken Utau

Markets Observer + Food Lover

1 thought on “BREXIT is very real”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s