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STI bounces up 4% in the week after Brexit
Published Fri, Jul 1, 2016 · 09:50 PM
BAD economic news is good for stocks - this has been the defining mantra over the past eight years, thanks to generous central bank policies that have supported risk assets. That was the case again this week, as equities defied expert forecasts by bouncing up after Britain voted to leave the European Union in an event now etched in the collective memory as "Brexit".
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