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January 19th, 2025 | 10:51 PM ET

The Beginning of the End, or Just a Reprieve?

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Posted: June 28th, 2016

Fear and uncertainty gripped global markets on Friday following the UK referendum vote to leave the European Union. The political turmoil in the UK and the initial uncertain response by EU leaders over the weekend were felt on Monday as sterling plummeted and international markets took a hit. But on Tuesday, Wall St rallied, leaving some to wonder whether the worst of the Brexit might be over, at least in the near term.

The Cipher Brief asked Ryan Sweet, the Director of Real-Time Economics at Moody’s Analytics for his view on the impact of Brexit on U.S. economic stability.

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