Wednesday, June 29, 2016

Back From The Dead, But How (And Why)?

The 'storming' recovery of the FTSE 100 defies understanding, but British banking stock still battered

The U.K.'s FTSE 100 has rallied back from the post-Brexit market crisis for the second day, rising 3.6 per cent to 6360 and claiming back all of its losses and more since the U.K. voted to leave the European Union last week. "The contrarian nature of markets has never been more apparent than in the past…