The Hokey Pokey

It took just six hours for the FTSE to recover, quite a feat indeed.  Hopefully now the Bank of England will not have to step in with a £250 billion injection.

The FTSE 100 recovered from the initial shock of Britain's decision to leave the European Union to end 3.15% lower at 6,138.69 which, to add context, is higher than last Friday's close.

However it is not all roses just yet there are still lot of companies that have not recovered from the free fall on Friday morning (see the article in full above).  Is it however just a storm in a tea cup or perhaps the quiet before the storm, who knows.

It is however definitely the end of the world as we know it or at least to 48% of the population whereas 52% are looking forward to brighter future and there is some talk of putting the 'Great' back into Britain.  I am pretty sure that was when Crackerjack was on BBC1 at 4:55, Friday or Saturday I cannot remember.  Still anything is possible really now we have put chaos into the driving seat or is that Boris.

Whilst the FTSE has recovered somewhat the Pound is:

The pound was down 9% against the US dollar and down around 7% against the Euro.

Which will reduce our spending power abroad, personally I prefer the British Summer.  I am still hoping for a really good thunder storm, I think Thor is currently on Economy 7 these days.

The irony is the rest of the universe have not noticed they were watching the other side.