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Brexit Fallout - Investment Market Insights - TD Bank

4,053 views · Published 24 June 2016 · 10:28 · Indexed 14 November 2026

Channel: TD · 2016 · Music

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Britain voted to leave the EU, marking the beginning of what is being referred to as "Brexit". Bruce Cooper, Chief Investment Officer at TD Asset Management, talks to Kim Parlee about how the markets are responding.

The majority of people thought that they would vote to remain in the European Union and we are seeing a violent reaction in the market as it was unexpected. There was a disconnect as investors felt one thing versus what actually happened. According to Bruce Cooper, this has always been on a bit of a knife-edge if you look at the polls. Once challenge we are having today is that polling is not as accurate as it used to be for a variety of reasons and there are also a lot of undecideds. Most people expected the undecideds would tilt to the remain camp and as it happened, many of the undecideds tiled to leave. It has always been a volatile situation because of those undecideds.

To get more details on UK’s referendum as well as investment market insights, visit: https://www.td.com/document/PDF/economics/special/Brexit2016.pdf

Looking into investment markets, check out TD’s in-depth insights and timely investment information: https://www.td.com/ca/markets-research/

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