My buddy shorted the hell out of this...wanted to stop at 1.38 but it was illiquid everyone kept thinking it's gonna go farther but looks like a little rebound. Still a massive, unprecedented drop. Those arrogant island-dwelling savages deserve this! Scotland may try to break off now lol
This entire election has been trying to get in statistically non politics interested english population fear mongered into their side of the polls. It seems like most of the world thinks the markets are idiots and think they will have a firesale because of the result, which won't happen. The UK banking sector is way yoo big and too powerful for them to give a shit about this election, which by the way is GUIDING and not binding. If they wanted to start a fire they should just put residency requirements on London residential real estate. (If that happens I'm going to take a picnic basket and find a good place in the city).
It also seems like most people aren't aware of that the UK will probably end up with a deal like Norway, Switzerland etc.(which could end up being a giant bonus for them) or will be able to use this election like a massive bargaining chip. My money is on the later.