Global financial markets were taken by surprise by the U.K. vote to exit the Eurozone, and traders are now watching to see just how bad the fallout will be. Barclays analyst Marvin Barth believes the biggest threat to the global economy are continued move toward anti-globalization.

Barclays expects the sell-off in risk assets will me more than just a short-term event.

The firm is recommending traders buy U.S. Treasuries and go underweight on emerging market equities and commodities. Barclays is also recommending forex traders go long the U.S. dollar and the Japanese Yen versus all European currencies.

“The feedback-loop between financial market reaction and the real economy will play a crucial role in how forceful global implications will be,” Barth explains. “We expect…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!