Markets Should Be Sh*tting Themselves Over Brexit Risk: BlackRock

Wake up, people!
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As you've more than likely heard (many, many times), in a fortnight, our friends across the pond will vote to leave the European Union or note. One person who has heard but is worried everyone else doesn't have their hearing aids turned on is Owen Murfin, because if y'all did you'd be FREAKING OUT RIGHT NOW instead of sitting pretty casually wondering what you'll have for lunch.

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Murfin, co-lead manager for global bond strategies at Blackrock, said that markets appear to be treating the possibility of Brexit as a local event rather than a globally systemic risk. "There might be a little bit too much complacency. I would think that Brexit probably should be seen, in the context of the near term, as a bigger deal," Murfin told reporters at the firm's fixed-income outlook briefing in London.

Markets may be too complacent over Brexit risk, BlackRock says [Reuters]

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