It looks like the UK’s decision to leave the EU has added fuel to the growing dissatisfaction with three years of globalization.
However, Geopolitical conditions are ever shifting, but great businesses always seem to find a way to adapt and prosper over time. For example, REITS and Utility stocks are actually going up in this downturn.
According to Investor Business Daily’s creator, William O’Neal, the typical bull market lasts almost 4 years, while the classic bear market lingered only nine months.
Our current decline could be an opportunity for the savvy investor. As a consultant, I am long term in my focus, which requires that I not confuse political impacts on the market, with genuine economic movements. Sudden downturns, like the one Brexit is causing now, may actually turn out to be an invitation.