Commonwealth CIO Brad McMillan discusses the markets and economy in June. The big news last month was Britain's decision to leave the EU, which sent markets tumbling. But then a funny thing happened: the fear dissipated, and as investors started looking at the fundamentals, the markets began to recover. With signs of strength in consumer confidence and spending, and even continued growth in Europe, we appear to be well positioned for the future. If Brexit was a sort of stress test for the markets and economy, we passed. Follow Brad at blog.commonwealth.com/independent-market-observer.
