What the British Pound Collapse Means for Markets Today

The British pound fell to a 31-year low against the U.S. dollar Monday as investors bet the Bank of England will cut rates. After Brits voted Thursday to leave the European Union, the British pound has been in a free fall and global stocks have swooned. Here's what ahead for the pound and what its collapse means for markets... Tags: Brexit To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What the British Pound Collapse Means for Markets Today appeared first on Money Morning - We Make Investing Profitable .