June 24, 2016 11 am eastern

Markets are down on the BREXIT leave vote.

But with the S&P 500 down 2.3% it’s really not that big of a decline. Toronto is down 1.3%.

If I had spare cash in my U.S. accounts I would buy some U.S. shares such as Bank of America, Wells Fargo and Toll Brothers.

This vote is surely a very big deal for the U.K. and for Europe. But I don’t think it is such a big deal for North America and certainly I don’t think it is a reason to sell stocks.

 

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