Brexit: Pricing Risk in a Riskier World

Phil Nussbaum

Market Minute

June 30, 2016

Phil provides a brief recap on Brexit before discussing how this event has had a significant impact on callable assets. He then reminds viewers not to forget about the possibility of a rates down environment, stating that it would be much more painful to investors than if rates were to rise. Phil analyzes how Brexit has demonstrated that increased volatility is a double-edged sword. He concludes by stating the importance of being diligent about accurately pricing risk in a volatile market and uses various infographics from the recent Advanced Course® to support this stance.