M&M on Brexit financial chaos

Money & Markets’ Mike Larson reported this related to the financial markets and the Brexit vote:

June 27, 2016

Friday and this morning, the wheels came off our stock market. The Dow Jones Industrial Average plunged 871 points in just two trading days, while the S&P 500 sank to a three-

Saudi Arabian coalition ‘appears formidable’

Saudi Arabia announced a coalition of 34 Islamically-dominated nations in December 2015 (see ‘Saudi Arabia Announces 34-Nation Islamic Alliance Against Terrorism’ to Protect the ‘Islamic Nation’: Is the King of the South starting to form?) and followed up with a massive military exercise called ‘North Thunder’ in February 2016 (seeWorld’s largest military exercise taking place in Saudi Arabia–a prelude to the King of the South?).