Emerging Markets

Financial Twitter reacts to Brexit vote

Advisers and other professionals took to Twitter Friday to share their reactions and advice.

News that Great Britain’s voters decided to leave the European Union by a majority of 52% sent shock waves around the world Friday. The financial community, including advisers, took to Twitter to share their reactions, predictions and advice. Here is a selection of the most notable tweets.

Rumors galore today folks—best to stick with your process and realize that no-one really knows anything 5 hours post vote.

— Jamie Cox (@jamesacoxiii) June 24, 2016

Brexit: Stay calm & carry on as the Brits would say. Perspective: The EU, as an economic & monetary union was created a mere 23 years ago.

— Consuelo Mack (@ConsueloMack) June 24, 2016

The Brexit vote creates a near-term “risk off” period for financial markets. But it will take years to see the full effects.

— Bob Doll, Nuveen (@BobDollNuveen) June 24, 2016

Pound at a 31-year low versus the US dollar. Book that tropical London getaway you’ve been dreaming about.

— Downtown Josh Brown (@ReformedBroker) June 24, 2016

Even more shocking than #Brexit result, are the turnout numbers. 72.2% of registered voters voting? Astounding.

— Jude Boudreaux CFP® (@HJudeBoudreaux) June 24, 2016

Ten things you can do rather than freak out about the Brexit. pic.twitter.com/mfeWmc26ip

— Doctor Daniel Crosby (@danielcrosby) June 24, 2016

Brexit may mean the Fed wont hike in July or September; Now it looks like December could be earliest rate increase . . . #Fed

— Barry Ritholtz (@ritholtz) June 24, 2016

The #Brexit debacle is a reminder to those who can’t handle stock market losses – stay diversified and don’t put everything in the market!

— Carolyn McClanahan (@CarolynMcC) June 24, 2016

And now I’m supposed to believe that many U.S. financial advisers are now overnight experts in Britain’s economy and the EU?

— Bill Winterberg CFP® (@BillWinterberg) June 24, 2016