U.K. Investments: Keep Calm and Carry On
The pound has been pounded, but it's worth staying the course.
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So Brexit happened, and people are worried that the U.K. will fall apart.
Sonja Marten, chief currency strategist at DZ Bank AG in Frankfurt, told Bloomberg News recently that the pound is “where people are taking their Brexit fears.” If that’s true, then there’s a lot of fear going around. The pound has tumbled 18 percent versus the dollar since the Brexit vote on June 23 through Thursday.