It's probably an indication of the expertise of today's reportage on Brexit that last evening, while the vote was being reported, only one network, Fox Business, carried the vote tallies in real time. Today the same great organizations and their minions who could not tear themselves away from Trump's trip to Scotland and the resultant irreparable damage to the Republican brand, have commanded their viewer to listen up and pay attention to the disaster at hand. In fact the Brexit story was so low voltage that only one celebrity, and a minor one at that, offered an opinion on the purely European matter. Bless her heart, Lindsay Lohan, best known for driving under the influence of cocaine and other sundry misdemeanors, did take to Twitter to buck up the remain vote. "good luck with the pound.. will take you about 15 years to get it back up #REMAIN instead", wrote the renowned economist. For some reason she deleted her tweets and her keen insights will be forever lost. Where was Michael Moore? Sean Penn? How can any nation make such a serious decision without help from Hollywood?
Fast forward to the following morning into a media world gone wild. Many in the financial media stirred the panic. People who should have known better actually compared it to the meltdown of 2008. Yes, the Dow did close down 610 which puts it at about the level it was in early May but some perspective is in order. Lost in the hysteria was the fact that the vote merely began a two year long process toward Britain's eventual withdrawal. Another surd fact; only one person, Prime Minister David Cameron, lost his job in the alleged economic carnage.
My question is, where was all this financial wisdom the night before? Lindsay Lohan can't do it all.