The British pound soared yesterday on news that the Conservative Party won a large majority, thereby ensuring the U.K. leaves the European Union.
When the U.K. initially voted to leave the European Union in a 2016 referendum, the pound cratered 11% on the news.
So is Brexit good or is Brexit bad?
It would seem traders may have changed their minds.
Warren Buffet is fond of saying that investing is simple, but not easy.
When it comes to currency investing, maybe it isn’t so simple either.