U.S. Investors Are More Worried About Brexit Than a Summer Fed Hike or the Presidential Election
Investor Anxiety Over Brexit, Bonds, and the Fed
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Time to focus on the news across the pond rather than headlines from Washington, D.C.
According to a new note from Goldman Sachs Group Inc. analysts led by Krag Gregory, options in the S&P 500 are pricing in more risk around the U.K. leaving the European Union than the Federal Reserve's interest rate decision later this week.