Money Anxiety Index: ‘Brexit’ Could Lead to U.S. Recession

The most immediate and adverse impact of the United Kingdom’s decision to leave the European Union (a.k.a., Brexit) is financial uncertainty, which is the main cause of money anxiety. A good example of this is the financial uncertainty caused by the collapse of Lehman Brothers in September of 2008; that event pushed the Money Anxiety Index 10 points higher within a few months. In [...]

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