Brexit, baby! It’s time to Get More Smarter with Colorado Pols. If you think we missed something important, please include the link in the comments below (here’s a good example). If you are more of a visual learner, check out The Get More Smarter Show.
TOP OF MIND TODAY…
► After voters in the United Kingdom unexpectedly voted to leave the European Union yesterday, the entire world is more or less freaking out:
Stocks on Wall Street plunged on Friday after the United Kingdom shocked the world overnight by voting to cut ties to the European Union, a move that many fear could lead to similar votes across the continent and damage a fragile American economy.
The Dow Jones industrial average plunged 611 points , or around 3.4 percent, following big drops in Europe and Asia after UK voters defied late polls and voted strongly in favor of Brexit. The price of gold, a safe-haven in times of crisis, surged nearly 5 percent. The yield on the 10-year Treasury bond fell 18 basis points, the biggest move since the financial crisis, to 1.57 percent as investors fled to safety. The Nasdaq took the biggest hit, falling over four percent in its worst day in five years. Tech stocks that do a lot of business in Europe got slammed.
The British pound fell to 30-year lows following the Brexit vote while the Japanese Nikkei index fell nearly 8 percent…
Un the upside, vacations in England are about to get much more affordable as the pound plunges! The British may not find that very comforting.
► Donald Trump, on the other hand, is really excited about Brexit, which should tell you all you need to know.
► The decision yesterday by the U.S. Supreme Court striking down President Barack Obama’s immigration plan for undocumented children isn’t sitting well with local Democrats:
“Every one of those Supreme Court justices are here by virtue of immigration,” said state Rep. Joe Salazar of Thornton, who is co-chair of the Colorado Democratic Latin Legislative Caucus “Their families came to this country seeking a better life or fleeing oppression. It is an utter hypocrisy that four members of the court stand against immigrant families.
“Our government, from the Congress to the United States Supreme Court, needs to grow up and recognize the value, economically and culturally, immigrant families are to our nation.”
► The GOP U.S. Senate primary is everyone’s most-watched race going into next Tuesday’s elections. Two wealthy candidates, Robert Blaha and Jack Graham, are spending big to break out of the pack. If you haven’t already, vote in our highly informal poll for who you think will win.
Get even more smarter after the jump…