How Britain’s Breakup With the E.U. Could Reshape World Markets
Investors poured money into government bonds, seeking refuge.
.. “It looks bad, but it’s not a cataclysmic game-changer similar to Lehman.” Then he paused. “Yet.”
.. investors have begun a fearful march away from risk, potentially starving emerging markets and stripping European countries of needed capital.
.. Mark J. Carney, stood before television cameras and struck a resolute pose as he promised to do what it took to stabilize markets. He announced that he was prepared to unleash another £250 billion (about $370 billion) in pursuit of financial tranquillity.