They foresee a world where growth is slower, and central banks have to do more just to keep it from slowing down even more. That's not exactly a happy thought when you consider that central banks are already doing about as much as they're willing to. First, Brexit fears have caused a flight to the safety of Uncle Sam and every other government's bonds. The other part of it is that Brexit might be a tempest in a British tea cup. Well, part of it is that markets aren't sure it will really happen.

Source: Washington Post July 02, 2016 11:26 UTC