Britain’s market rout stokes contagion fears around the globe
There will be impacts, there’s correlations … some market volatility, and then how it weighs in the global growth picture,” said Paul Malloy, head of municipals at Vanguard. “The U.S. is a broadly insulated economy … we’re a lot more insulated from a lot of global pressures, but with that said, we’re not completely immune from what happens in Europe, China and the UK.
